What's Happening in the CRAZY RECESSION of 2022?

Recession... Hmm, not such a pleasant word, right? Why? Listen to the definition and you will know why. A recession is a significant decline in economic activity that lasts for months or even years.

Experts declare a recession when a nation's economy experiences negative gross domestic product (GDP), rising levels of unemployment, falling retail sales, and contracting measures of income and manufacturing for an extended period. Recessions are considered an unavoidable part of the business cycle—or the regular cadence of expansion and contraction that occurs in a nation's economy.

We won't scare you, but during a recession, the economy struggles, people lose work, companies make fewer sales, and the country's overall economic output declines. The point where the economy officially falls into a recession depends on a variety of factors.

Welcome back to the Core Finance channel. In today's video, we will talk about the reasons we might face a recession in 2022. Like and subscribe to our channel. Turn on the notification and when it’s done then we get started.