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People and businesses freeze when facing uncertainty. They cut back on spending and keep more cash in reserve in case they're going to need it. I fully agree th
by slashdev 1y ago
People and businesses freeze when facing uncertainty. They cut back on spending and keep more cash in reserve in case they're going to need it. I fully agree that this is predictable, and if it drags on, I think it's likely to push the economy into recession (just one more quarter like this and we're there, technically.)