As we navigate through 2023, economic analysts and investors alike are observing signs indicating a potential shift that could mark the most profound reset since the 2008 financial crisis. The world is at a juncture where traditional economic indicators are flashing red, prompting serious conversations about the possibility of a global deflationary recession. Before diving deeper, it’s vital to define what a deflationary recession is. A deflationary recession occurs when prices across the economy are decreasing, leading to a general slowdown in economic activity. During such a period, consumer spending declines, businesses see reduced revenues, and unemployment rates can soar….
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