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flag U.S. faces potential recession; experts advise financial caution and building savings.

flag The U.S. faces a potential recession, with J.P. Morgan and Goldman Sachs predicting odds of 60% and 45% respectively. flag Experts advise building a financial cushion, cutting non-essential spending, and avoiding unnecessary credit card usage. flag Older individuals and retirees are urged to review their investments and ensure liquidity. flag If able, consider investing in assets, but beware that collective savings can exacerbate economic downturns. flag Staying calm and making steady, considered financial decisions is key.

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