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What is a Recession and How Can You Prepare for One?

President Biden and GOP House speaker Kevin McCarthy reached a last-minute deal on the debt ceiling Saturday, with Biden boasting that the agreement would prevent a “catastrophic default” and punishing recession. What are recessions? What can ordinary folks do to cushion their blow? Sputnik explains.
White House District Of Columbia United States Joe Biden Department Of Commerce Bureau Economic Analysis Recession Defined

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