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Are we in recession? Will it turn into an economic depression?
Being in cell phone industry I usually do not bother myself with lessons in economy, (I am far to busy keeping up with the all the technology news) having said that the latest economic developments in the world has me bushing up on my very rusty economic knowledge.Are we in recession? Will it turn into an economic depression?Let starts with what is the difference between a recession and a depression?
Define recession and depression.Recession is said to be a period of slowing down of the economy
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29th Jun 2022