my suggestion is that is a situation where bank grant load or lend money to people, company even another bank knowing that they can not re-pay the debt
thank you
Eric
No. Most economic slowdowns never get bad enough to be called a depression.
i dont know. i think its 3 months of bad profits and sales within business
recession
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
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Bad economic and fiscal policies may cause a recession.
Recession
There are many bad things in Ireland like Recession, Crime, Sectarianism etc.
Flat wages, Bad banking practices, and federal bailouts
It is not harmful. It does not cause gum recession or cancer. Nicotine is as safe as caffeine.
God, no. World wide recession= Bad time.
No. Most economic slowdowns never get bad enough to be called a depression.
No. The president can not cause a recession . The causes of recessions are many and complicated and vary with each recession. One man or even one corporation can not cause a recession. As for preventing a recession or shortening a recession, even there, the president is more of a cheerleader or at best a coach than a cause. He can make suggestions but he can not change the law or set government fiscal policy - only Congress can do that. After each recession, new laws and regulations are put in place in hopes of preventing another recession, but people find ways around the laws or create new financial schemes that no one had thought to outlaw. Further the government can not legislate against greed or stupidity or bad management.
Bad. Rationing and recession were in effect for 5-10 years after the war
i dont know. i think its 3 months of bad profits and sales within business
The adjective of recession is recessionary.
The world is in a big recession.