What Caused the Economic Recession of 2022?


In 2022, the United States experienced an economic recession that left millions of people unemployed. The cause of the recession is still up for debate, but there are several theories that attempt to explain what happened. In this blog post, we will explore three possible explanations for the recession: housing market crash, rise in oil prices, and collapse of the stock market.   The housing market crash is believed to be the main cause of the recession. In 2021, rising home prices created a bubble that eventually burst in 2022, leading to massive foreclosures and bankruptcies. This caused a decrease in [...]