We are prepared for a recession !!
We are prepared for a recession !!
I believe that already at this time for all people in all parts of the world, there is no doubt that we are going through a health crisis, caused by the pandemic of the civil19, whether it is induced by global interests or by other means, however this 2020 is not only the year of the crisis, but the year of the crises, because once this first crisis is over, a second one comes around the corner, another that could be even more deadly than the first one that haunts us.
Souce
The Nber according to its acronym in English and the concept read like this: “Recession is a significant decline in economic activity that spans the entire economy as a whole, lasting more than a few months and is normally visible in gross domestic product. real, real income, employment, industrial production and in retail and wholesale sales "