What the heck is a recession?
Thursday, March 19th, 2009
What the heck is a recession?
Well we now know that we are officially in one, so what the heck is it? In simple terms, a recession is when the economy stops growing and for the most part, starts going in reverse. Technically it is described as two or more consecutive quarters of negative growth and job losses.
Why does a recession get worse? (more…)
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Category Market & Economy | Tags: Tags: debt, economy, expenses, income, interest, job security, market, recession, stock market,
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