There is so much noise about the economy these days. And you may be left wondering - how did we get here? TL:DR - The massive infusion of capital from Covid into the marketplace is quickly being eaten up by inflation, staffing challenges, and supply chain issues. Rising interest rates are making loans more expensive so businesses can’t get the cash they need to keep going. We may be riding this economic wave into a 3rd recession.
It is those closest to main street who will take the brunt of the impact. So yes, it may be time once again to tighten our belts, and re-evaluate our financial wellness.:
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