Why we are again going into Recession ?

  1. Aceblogs profile image59
    Aceblogsposted 6 years ago

    Why we are again going into Recession ?

    Why the world is again heading towards recession / economic slowdown ? Why we did not learn from our mistakes in past , year 2008 ?

  2. LucidDreams profile image71
    LucidDreamsposted 6 years ago

    In my opinion...we never really were out of the recession to begin with. Seems as if the unemployment numbers are pretty easy to manipulate and the housing situation has not improved at all.

    All the signs point to a long recovery that in some ways has not even began yet. Hope things turn around soon as many cannot afford to wait.

  3. Clarke Stevens profile image76
    Clarke Stevensposted 5 years ago

    The big reason that economies go through slowdowns is because they become over-valued.  Also, they need to adjust to changes in technology, workforce and resources.

    Sure, a crisis (like banking or mortgages) can be the trigger.  But it's rarely the cause.

    Economic downturns and recoveries are not really based on our mistakes, or our economic prowess, although the politicians would like you to think so.