what is a balance sheet recession, look from the other side

when economic growth rates are lower than usual (trend), in a long period this is normal. an attempt to bring the growth rate back there, where they simply cannot be a way of permanent stimulation – it is both dangerous and useless.

in the short run, against, slowdown in growth may trigger negative employment dynamics, income and sales. Really, such a situation is hardly fatal and not even a fact, what falls under the definition of a recession.

  This is a call!
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