Decoding the Recession Double-Speak – Mike Maloney

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Some days, the media acts like a recession is impossible…
And some days, they act like we’re already in one.
Which one is it?
In this week’s video, best-selling author Mike Maloney of tries to answer that question by taking a look at today’s economic environment and how it compares to recessions in the past…
It’s important to note that each recession has different levels of GDP contraction, employment levels, and inflation – and those wide ranges among those factors are what makes them so hard to predict.
You have to study tons of data and truly understand how dozens of factors work together to form our economy to get a clear picture.

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