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A lot of comments are saying that a recession is probable. Can anyone shed a light on why that is/could be the case?
by ronyfadel 7y ago
A lot of comments are saying that a recession is probable.
Can anyone shed a light on why that is/could be the case?
- aguyfromnb 7y agoA recession isn't probable, it's inevitable. It's just a matter of how much sludge builds up in the economy before the over-leveraged have to unwind. That's the business cycle. Covid19 and the ensuing fall in global demand is simply another blob on the pile.
- adam12 7y agoRecessions happen every 4 to 7 years. We haven't had one for 11 years.