Can Saving Too Much Money Cause a Recession?
Economics Explained
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The Importance of Saving
The economic fallout of 2020 has been severe, there has been a huge spike in unemployment. But is saving really to blame? We normally measure economic growth through GDP. If these components shrink in size for two quarters in a row, then the economy will officially be in a recession. Nobody likes recessions, least of all politicians who may or may not be up for re-election this year.
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