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Mark Hauser Discusses Strategies for Navigating an Economic Downturn - The Collegian.u.csufresno.edu.com. In summer 2022, many economists endlessly debate on whether the country has officially entered a recession. Even if that’s not yet true, most financial experts say the country’�s economy is certainly headed for a collective downturn. Priorities should include bolstering their emergency funds, reducing high-interest debt, and re-evaluating investments’ asset allocations.