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Ten Ways Things Are Really Different Than the Last Big Recession

The global economy may be going into a downturn, but it doesn’t look like 2008. 

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Will the US Enter a Recession?

There’s a lot of debate about whether the US economy is heading into a recession. But even if the National Bureau of Economic Research doesn’t officially declare one, it’s clear that we’re in a period of major economic stress in the US, and globally especially. That being said, conditions are extremely different today compared to what they were during the Great Financial Crisis of 2008 and its aftermath.

Here are all the ways this time is different.