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A 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 t
by aguyfromnb 7y ago
A 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.