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How is it possible that businesses large and small

are not acting as if the dollar and world economy are going to collapse? They have the wizards of smart on the pay roll to process data to manage future risk. But I don't see businesses doing a lot to prepare for a major recession/depression. They aren't hiring much and have been holding cash at higher levels but that doesn't seem adequate to what many of us expect to come in the near future.

what am I missing?