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Recession Vs. Depression: What’s The Difference?

Posted

April 22, 2020

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Economists and journalists have been discussing the possibility of the U.S. entering a recession amidst the COVID-19 pandemic. Some have even gone as far as to say we could enter a depression. Here's a breakdown of the difference between a recession and a depression, and why we're likely in a recession, but not headed for a depression.

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Recession Vs. Depression: What’s The Difference?

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