The result of economic recession is a decrease in demand, a decline in corporate profits, and a tightening of liquidity leading to a decrease in asset prices, commodity prices, and service prices. Talking to people means that companies can no longer bear it, leading to bankruptcy and layoffs, a sharp increase in unemployment rates, and many people losing their jobs. They can only reduce consumption and investment, and have to sell off their assets, causing the economy to enter deflation. Overall, it is an economic recession that leads to a contraction in demand, which in turn transmits to a general decline in prices of goods, services, and assets.