Credit Suisse analyst Zoltan Pozsar sees the U.S. economy diving into an L-shaped recession before inflation eases An L-shaped recession occurs when the economy plunges and takes a long, slow trudge ...

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Not all economic recessions and recoveries are created equal. Japan's "L-shaped" recovery — which really isn't much of a recovery at all — in the 1990s offers a cautionary tale. To the ongoing debate ...