Does unemployment whiplash mean recession?

In this episode, the podcast explores the intricate nature of economic recessions, looking at their historical background and recovery trends. The experts discuss concepts like the "Psalm rule" and the surprisingly swift recovery during the COVID-19 pandemic, highlighting how current economic signs may challenge conventional wisdom. They point out that while recovery usually takes time and effort, innovative strategies, such as significant government stimulus, might be essential for achieving faster rebounds in the future.