[Talent]

Recession is when things fold and consolidate. Biz close, job loss etc. In such condition prices will not go up.

we are going to see biz collapse after 2yrs of covid destruction
many construction, f&b and leisure will close ..now is bottleneck ..cannot breathe time

and retrenchment will follow

yet prices are going up, because of cost due to covud
so we have inflation

so inflation further choke biz

so isn't inflation + recession = stagflation