this post was submitted on 03 Sep 2023
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Worldwide recession probabilities for 2023 according to Bloomberg. Interesting to see how BRICS and G7/EU are clustered. (lemmygrad.ml)
submitted 2 years ago by yogthos@lemmygrad.ml to c/worldnews@lemmygrad.ml
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[โ€“] Rasm635u@lemmygrad.ml 3 points 2 years ago (1 children)

What exactly defines a recession?

[โ€“] yogthos@lemmygrad.ml 2 points 2 years ago

Traditional definition is two consecutive quarters of economy shrinking.