What Is A Recession?

Interest rates are rising and inflation is seeing its fastest annual increase in 21 years. Plus, unemployment is at a low, and job vacancies are at a high. These conditions see those in power reluctant to say it, but many people believe we are headed for a recession. So on today's show we look at exactly what recessions are, how they effect us, how long they generally last for and their history. Plus, Victoria assures us that it isn't all doom and gloom! Don't miss fascinating episode.Acknowledgement of Country By Natarsha Bamblett aka Queen Acknowledgements.The advice shared on She’s on The Money is general in nature and does not consider your individual circumstances. She’s on The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. Victoria Devine and She's On The Money are Authorised Representatives of Infocus Securities Australia Proprietary Limited ABN 47 097 797 049 AFSL - AFSL 236523.See omnystudio.com/listener for privacy information.