PREDICTING THE NEXT U.S. RECESSION
COVID-19 not only shook the whole world’s health but, badly shattered the economy too. The pandemic made everyone think of the recession and ways to prevent the same. Presently, the entire world is facing a downright economy making it worse for some nations to survive confidently. Various economists of huge financial giants have warned the worst in the coming years. Many times, economists have failed to predict accurate forecasts about recessions. However if you have to compare the other countries with the US, all are pretty much on the same wavelength. Forecasting recession is not a piece of cake. What we can say now is that the present situation doesn’t seem to get any better soon. With the drastic fluctuations, changing policies, climatic changes, continuous changes in the environment, forecasting recession doesn’t seem to be simple. One cannot expect an APP or a website where they can enter the year and the predicted information about recession pops out . However, the forecasters