Should we be worried about a recession?

I just wanted to see what people's thoughts on a potential repercussions of a recession would be. Should it be something to consider if a bank has a large enough balance sheet to potentially keep people on if shit hits the fan? Just remembering all of the mass layoffs in the tech bubble and the '08 recession. 

I'm not saying that it will happen again, but is this something people are worried about or is it just me and my anxiety? 

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