In part 2 of our #UnderstandingRecessions series, Former Treasury Secretary @LHSummers discusses the likelihood we’ll enter a recession: “The odds that the economy will go into recession within the next 18-months are quite serious.”
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@YahooFinance @LHSummers Then what happens after country in recession? Govt pumps more $$ in econ? This is crazy!This inflatn not caused by too much money chasing too few goods!It’s cuz too much goods in cargo ships at docks +greedy businesses overcharging 4 too few goods on shelves + getting away w it!