recession

Posted by admin on Sunday, June 24, 2018

a period of reduced economic activity two consecutive quarters of declining gross domestic product (GDP):

Paul Fisher: Climate Change Risk
Paul Fisher, Former Deputy head of the Bank of England, Money Quote saying that changes in global weather patterns could trigger system-wide financial storm
Harry Truman: A Recession or Depression?
Harry Truman Money Quote saying it's tough to tell when tough economic times turn to terrible depression - but one way to tell is if you are still employed.
Rutherford B. Hayes: Debtor Hard Times
Rutherford B. Hayes Money Quote saying It is he who owes a debt that sees ruin when times are tough.
Glossary: finance
Glossary: financed

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