Friday, April 17, 2009

INTERESTING NEWS


RECESSION


In economics, a recession is a general slowdown in economic activity in a country over a sustained period of time,

A predictable long-term pattern of alternating periods of economic growth (recovery) and decline

COLLAPSE- sudden, dramatic drop in economic activity, market prices, or a company's condition.

MAYOR PANIC-Sudden, widespread fear of economic or market collapse, leading to massive bank deposit withdrawals and/or falling stock prices.

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