The economy has not been run into the ground. The terrible handling of the initial Covid spike did it. Supply chains have to be reconstituted, the great resignation because of the way workers were treated contributed, baby boomers decided to get out, all creating a 400K worker shortage etc. what is holding it up is money is now in the hands of the bottom half of the population who are spending. Unemployment is at 3.5%…that is NOT an economy run into the ground. Rising interest rates are good thing. Savers can finally earn without risking everything in the market…sanity is returning.