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ummary: The word "recession" evokes strong emotions in people, ranging from excitement to fear to political charged reactions. However, this tutorial aims to focus on the financial aspects of a recession rather than the emotions it elicits. Recession is a natural part of the economic cycle, with the longest period of economic growth in modern American history occurring between the 2008 crash and February 2020, lasting 128 months. The economic craziness is expected to continue beyond 2023, so it is important to understand the financial implications for our economy in 2023 and beyond.