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by alephnerd
19 days ago
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The formal and traditional definition of a recession means a regression in GDP growth. Economic malaise is orthogonal to the technical definition of a recession, though it is often correlated. And conversely, economic growth isn't always correlated with positive feelings (eg. South Korea and Canada in the 2010s) |
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https://www.investopedia.com/articles/fundamental/103002.asp