Post
Topic
Board Economics
Re: U.S. Recession short term
by
Mpamaegbu
on 30/03/2020, 08:18:28 UTC
The United States will be in a recession. The question is, will this be a 1987 type of recession or a 2008/2009 type of recession.
I don't know what the globe stands to actually gain with the desire of people hoping the America economy plunges into a recession. The proposed/expected recession may not even happen only to the US, givien the pandemic situation the world in faced with now. However, whatever happens I don't believe the recession (if it eventually happens) will be anything deep like what the US experienced in 2008.