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- The US economy already looks like it's in a recession, according to Danielle DiMartino Booth.
- The chief strategist of QI Research pointed to weakness in the job market, with layoffs rising.
- She said that puts the economy in a precarious state, especially with US debt-taking already looking similar to China's.
The US economy is already in a downturn — and it could be following in the footsteps of China as the government assumes a growing amount of debt to prop up growth...