The article says that they were session is right around the corner and that There isnโt much that we can do about it. It says we can try to delay the recession by collecting the inflation levels, but overall the article talks about what will eventually happen regardless of what we do. It talks about how there will be a recession in late 2023 or early 2024 and that we should prepare a plan for the upcoming future.
After reading this article I first think about what we learned in chapter 6 when it comes to early warning systems. The purpose of this article is to tell the reader that a recession is coming around the corner regardless of what we do. The only thing we can do is prepare for the potential recession by planning out early warning systems, and systems that we can use during the recession. Creating plans are important in order to prepare for the future, an early warning systems are important in order to know when to start the process.
Reflect on what we learned in the course, find at least one chapter in the textbook where we discuss the related topic, and explain how the chapter(s) is related to the reported event in the article. Do this in at least 100 words.