“Recession” doesn’t have to be a scary word
The “R” word means different things to different people, depending on their experiences.
For some in their 20s and 30s, the repercussions of the Great Recession of a decade ago are seared into their memories. They watched friends and family lose jobs and houses, which makes the threat of a recession now something they view nervously.
But while talk of an impending recession may trigger panic attacks for survivors of the financial crisis, for analysts, it’s just part of a predictable economic cycle.
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