Are Recessions A Thing Of The Past?

Are Recessions A Thing Of The Past?

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In this episode, we look at why we may never see a recession again. To understand why, we break down how GDP is calculated and why it does not reflect the nature of real economic growth, progress, or decline anymore. The numbers reflect what policymakers want them to reflect, regardless of economic reality. Because of this, we may see a collapse without ever having a recession (at least by the definition of the term).

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