Investor Warns Recession Likely as Inflation, Debt Burdens Squeeze Consumers

Investor explains high likelihood of business recession due to economic headwinds like inflation and labor disputes.

Federal Reserve signaling higher interest rates for longer, reducing consumer buying power.

Massive increase in consumer debt, especially credit card debt, will depress future purchases.

High interest rates on consumer loans will further limit spending.

Expert says recession very likely for businesses given factors like high debt and reduced consumer spending.