"What's Coming Is WORSE Than A Recession"
"What's Coming Is WORSE Than A Recession"
Experts in economics have warned of an impending recession for months. This year, the Federal Reserve has been proactive in raising interest rates to combat rising inflation. The Federal Reserve hopes that by raising interest rates, consumers would begin to cut down on their spending and help reduce the supply-and-demand imbalance that has led to skyrocketing prices.__The Fed is taking a chance, however. A significant slowdown in consumer spending is possible if interest rates are raised too much. As a result, it's possible that this might help spark the recession that so many people dread. Now, the bright spot in this cloudy picture has been the robust job market. Finance experts have come to the view that a recession is possible, but they are less sure that it would be severe or last for an extended period of time.__However, JPMorgan Chase's CEO Jamie Dimon has been sounding some ominous notes about the economy as of late. This is a warning that must be taken seriously.
__The main question here is that? What could possibly be worse than a recession?
Inspired by
• Video
Also, check out:
Click here to subscribe: https://bit.ly/3HVEtC0
Click here to subscribe: https://bit.ly/3HVEtC0
#recession2023 #inflation