What does a recession really mean for us, society?

Posted by admin
recession
hugh asked:


I remember hearing that the definition of recession is something like 3 successive quarters of negative growth. Well why is that such a big problem? How much will that effect us?

Norma
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    • This entry was posted on Friday, October 9th, 2009 at 4:20 pm and is filed under Finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    No Responses to “What does a recession really mean for us, society?”

    1. bullet b Says:
      October 12th, 2009 at 2:02 pm

      we had 1000 dollars, because of the bad mortgage market- we have 800 dollars.