this post was submitted on 03 Sep 2023

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Worldwide recession probabilities for 2023 according to Bloomberg. Interesting to see how BRICS and G7/EU are clustered. (lemmygrad.ml)

submitted 1 year ago by [email protected] to c/[email protected]

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[–] [email protected] 3 points 1 year ago (1 children)

What exactly defines a recession?

[–] [email protected] 3 points 1 year ago

Traditional definition is two consecutive quarters of economy shrinking.