CA Shikha Mittal

Oct 9, 20221 min

Is Recession on it's way?

Updated: Oct 5, 2023

Is #recession2022 is on it's way and if yes,how it would look like or we will soon see something akin to the 2001 dot-com bubble bursting or the 2008 global financial crisis.

A lot experts are comparing the current scenerio with 2008 global #financial crisis which was primarly a credit driven recession caused by debt-related excesses built up in #housing and #infrastructure etc.

However, should the #economy enter a recession, it will be one #inflation driven recession, which as historically evident is not as disruptive as 2008 crisis scenerio.

Global economy is in turmoil but hopefully not on the page as it was in 2008.

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