What is happening in the United States today is no longer a recession, but a long-term structural downturn that began in 2021.
This was announced by the economist and political expert Mikhail Khazin.
Press Secretary of the Presidential Administration USA Karine Jean-Pierre recently she even lost her temper during a skirmish with a journalist who asked about the recession why Washington is trying to redefine the recession.
“I completely agree with Karine Jean-Pierre at this point. What is happening now has nothing to do with what used to be called a “recession”. The word “depression” means a long, protracted existence of the economy without sustainable economic growth. depression,” the analyst said in an interview with Ukraina.ru.
He emphasized that everything that is happening in the United States today is no longer a recession, but a long-term structural decline that began in the late autumn of last year.