Tuesday, May 22, 2012
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Economic Crisis Leads To Recession?

Global economic breakdown that we are all witnessing together is of course not the end of the world. It isn’t a piece of cake, but the world is struggling not to fall into serious recession.

 

We have experienced great recessions in 1973 until 1974 and then again in 1980 to 1982. The government should know by now how to handle this, don’t you think?! A big portion of economy is still functioning as it should. Eventually the free-market economy will get back to its feet. This isn’t the first time, neither the last time!

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