Quote from: Erasmo967 on March 08, 2024, 02:28:24 PM

Looks like it is going to happed.

A recession is typically defined as a significant decline in economic activity across the economy, lasting for a sustained period of time. This decline is often marked by a contraction in Gross Domestic Product, rising unemployment rates, reduced consumer spending, and decreased business investment.

There are no signs that point to it, yet according to what you said "it looks like it will happen" every recession will always be preceded by a worsening of the economy due to major events or shocks like the last "Covid", or is it is true that you said that the decline in purchasing power and is unemployment rate are increasing big. It is possible that only certain countries may have an impact, and it may not and has not yet been seen in European countries, which are the mainstay of economic development. But even if it happens, hopefully it won't drag on like when the Covid hit. It's enough that now the impact is still felt in developing countries, it's hard to find work, making it difficult for purchasing power to meet the needs of a decent living.