What Happens If a Soft Landing Fails ?
If attempts to achieve a soft landing fail, the economy could either overheat or enter a recession. An overheated economy may lead to runaway inflation, eroding purchasing power and leading to higher costs of living. On the other hand, an uncontrolled economic slowdown can result in a recession, characterized by high unemployment, reduced consumer spending, and lower business investments. Both scenarios have significant negative impacts on economic health and societal well-being.
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