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Recessions are a process and what past episodes all have in common is one key ingredient. Rather, one element that comes up missing every time. This critical factor doesn’t just end up being the difference between downturn and full-blown contraction, it also turns a recession into a depression. And we’ve got the data for it plus how 2024 fits into the pattern.Video Length: 00:20:30More By This Author:The Hiring Crisis: What’s Really Happening To The Job Market? China Is Tanking And It’s Spreading Quickly Around The World European Banks Are Not Lending Anymore (Here’s What That Means For The Global Economy)