Friday, February 8, 2008

recession

1-recession: a temporary falling off of business activity during a period when such activity has been generally increasing­
2-On Jan. 21, 2008, stock prices tumbled around the world. Most analysts pointed to fears surrounding the United States economy and a possible recession as the reason for the drop. Ironically, economic conditions in the United States were affecting the world economy on a day when its own markets weren't even in session -- they were closed for the Martin Luther King Jr. Day holiday. Three days later, news outlets were already reporting a new economic stimulus package, designed in part to try to prevent a recession
3-From my point of view if the economic situation does not change in the course of these weeks, the country will be experiencing a strong resecion at this time still can not be connsiderar that this, the stock market had not lost for the suficentes that conciderar already in this country resecion

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