In this episode of #TheGetInTheCashFlowGame, K&K, discusses the looming recession among us. So what is the technical term for a recession: a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Today, on July 1st, the GDP showed that we were in negative GDP for 2 consecutive quarters, thereby in a recession.
Discussion Questions:
What to do in the looming recession
How to prepare yourself and your business for the recession
What does it mean for a nation?
Opportunities that can arise from this time
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