The silver linings of a recession | Curio
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The silver linings of a recession

5 mins | Aug 1, 2022
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The Economist: lower inflation and greener energy are worth a short downturn. Some recessions feed on themselves as indebted households cut their spending or default cascade through a fragile financial system. But, with a few exceptions, today’s big economies suffer from few such vulnerabilities. The Economist reviews that although America’s economy has badly overheated, long-term inflation expectations remain modest and less dangerous than in past times.
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