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Navigating Economic Cycles
This chapter explores the complexities of business cycles, emphasizing the distinct yet interconnected nature of growth, employment, and inflation across global economies. It delves into historical economic shifts and contrasts differing fiscal and monetary policies, particularly in response to major events like the Global Financial Crisis and COVID-19. Additionally, the conversation raises questions about national debt sustainability and the evolving landscape of economic forecasting, while reflecting on the psychological impacts of past downturns on current investor sentiments.