Who Decides There’s A Recession?
Recently the IMF rang economic alarm bells updating its global projections noting that “baseline forecast is for growth slowing from 6.1 percent last year to 3.2 percent in 2022”, with “risks overwhelmingly tilted to the downside”. So when the time comes, who decides there is a recession? Located 350 feet from an adult store named Hubba Hubba, and just a dildo’s throwaway from Harvard University and the Massachusetts Institute of Technology, two of the premier hubs of economic thought, sits the National Bureau of Economic Research (NBER).
READ THE REST ON ECONOMIC INSIGHT'S SUBSTACK.
Natus suscipit rerum illum voluptatum neque. Repellat omnis necessitatibus repudiandae ullam dicta repellendus voluptatum. Eos neque est perspiciatis eos et.
Expedita soluta explicabo excepturi. Repellat eum vel odit et quia. Id doloremque minus nihil ut vel.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...