A recession similar to that of 1969-1970 awaits the United States next year, warns an economist

A recession similar to that of 1969-1970 awaits the United States next year, warns an economist

Prepare for a recession next year. That’s the word of warning from S&P Global Ratings economist Beth Ann Bovino in a report released the weekend after Thanksgiving Monday. “ “GDP will decline by 0.8%, a mild recession in line with the 1969/1970 recession.” ” — S&P Global Ratings As with many prognosticators inside and outside …

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