It is often said comically that if you put 5 economic experts in a space, you will get 6 ideas. Reasonably, post-pandemic, rather than a booming economy, we are faced with inflation, supply shortages, and signs of a global economic downturn. New phrases such as 'growth recession' and 'negative growth' are being spelt in media.

In a logical, objective, and in non-political terms, your thoughts and do the economic downturn signs indicate a recession?

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An economic downturn is characterized by a decline in economic activity often leading to negative ec... View the full answer