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The Incoming Recession Is A 2023 Story | David Rosenberg

Inflection Point

00:00

The Business Cycle

David Frum: The business cycle kind of gets thrown around a lot. Could you just define almost, you know, pretend this is an economics one-on-one class? He says it's basically sine waves, the centrifugal forces over time that intersect with each other. And they peak a trough at different times," he says. "And we have had 14 rate hiking cycles since 1950 and 11 landed the economy in recession"

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