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People imagine a recession is when masses of people are being laid off and so consumer spending isn’t just negative, it must be crashing. While those can happen in a downturn, they tend to show up at the end. So, if you’re waiting for those to make a determination you’ll be way too late. Evidence consistently and conclusively shows hiring not firing creates the recession environment that is marked by a drop in real spending. We have both.Video Length: 00:16:58More By This Author:Germany Is In Full Blown “Crisis” Mode, Here’s What That Means For The World Jerome Powell Bombshell Speech Reveals Everything You Need To Know About The EconomyJob Market Revised Down 800,000 (Payroll Crash)
