answersLogoWhite

0

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

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

What makes a country to be headed into recession?

Bad economic and fiscal policies may cause a recession.


A word for A bad time with a lot of unemployment?

Recession


What is bad in Ireland?

There are many bad things in Ireland like Recession, Crime, Sectarianism etc.


What caused the curren recession?

Flat wages, Bad banking practices, and federal bailouts


Is snus really bad for you?

It is not harmful. It does not cause gum recession or cancer. Nicotine is as safe as caffeine.


Is it a good idea to Start a business right now?

God, no. World wide recession= Bad time.


Does a depression always follow a recession?

No. Most economic slowdowns never get bad enough to be called a depression.


Did george w bush cause recession?

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.


What is a simple definition of economic recession?

i dont know. i think its 3 months of bad profits and sales within business


What was life like for the Britains after World War 2?

Bad. Rationing and recession were in effect for 5-10 years after the war


Are you in a depression or recession?

The world is in a big recession.


What is the adjective of recession?

The adjective of recession is recessionary.