Lena Petrova: The US is Having a Major Economic Downturn

In recent months, several economic indicators have raised alarm bells among analysts, investors, and everyday Americans alike. As we navigate the complexities of the post-pandemic recovery, three significant red flags have emerged: a rising unemployment rate, legendary investor Warren Buffett’s recent cash hoarding, and an alarming surge in national debt. Together, these factors provide a sobering snapshot of the potential challenges facing the U.S. economy in the near future. One of the most apparent indicators of economic health is unemployment. After a steady decline following the initial COVID-19 pandemic shocks, the unemployment rate has begun to rise again. Various sectors,…