Markets
South African Businessman Kurt Jako worried about the High probability of US recession.
By Margaret Z
July 9th, 2023

"Our Economy is already in a terrible situation imagine what will happen is the US goes into a recession, Our Economy is completely dependent on the US Economy" Jako said.



It is difficult to definitively state that the United States will never experience another recession as economic cycles are inherent in any market-based system. The possibility of future recessions exists due to a range of factors, including global economic conditions, changes in fiscal and monetary policies, financial market fluctuations, geopolitical events, and unforeseen shocks.

While the US may employ various measures to mitigate economic downturns, such as monetary policy adjustments, stimulus packages, and regulatory reforms, it is impossible to completely eliminate the risk of recessions. Economic conditions are subject to constant change, and the complex interplay of domestic and global factors makes it challenging to ensure a perpetual state of economic growth without occasional setbacks.

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