How bad will the recession be?
Many Happy Returns
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Are We in a Recession Right Now?
The bank of england has just come up with a forecast for where u.K. growth is going to be for the nxt few years. And they're forecasting a fairly shallow recession, but one that's fairly long lived. So what we're talking about here is not a deep and sharp shock to the economy,. But a kind of long and drawn out, but fairly shallow recession which lasts five quarters.
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