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Understanding Our Economy Is Easier Than You Think, and More Important Than You Know | PREI 415

Passive Real Estate Investing

CHAPTER

Are We in a Recession or Do You Expect a Receding Economy in 2023?

The word recession to me is almost like the word socialism capitalism it's sort of lost meaning. Most economists use for recession is two back-to-back quarters of declining output if our GDP goes down to one quarter and then it goes down to another quarter where the recession what does that mean? I don't think we're in a recession now who will we be in a recession six months from now eight months from now I don't know, anyone who tells you they know is probably busy on MSNBC reaching a huge audience convincing them that they know when they can't possibly well nowYou have me curious in your mind is there such a thing as a recession and what does a recession look like to

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