Zoocap

With seemingly everyone freaking out about the looming recession, even people across the globe, analysts gauge how bad the recession will be. It seems as though everyone is weighing in on the effects the recession will have; everybody from huge corporate brokerages to amateur online investors. Most economists don’t see it being too intense, lucky for us.

Most economists who believe a recession is already here or at least near are looking for a relatively short and mild downturn, perhaps lasting only two or three quarters.

But many of those same economists say they also can envision a worse-case scenario where spending by consumers and businesses falls off sharply, unemployment heads higher than normal during a typical recession and housing and credit market problems worsen.

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