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经济衰退和萧条区别(The difference between recession and depression)
There is a difference between recession and depression. TXT is running with happiness, listening with the heart, developing with the mind, striving with hard work, measuring with goals, and living with love. The money is much less, often good! Less old people, good health! Poor family rich, good harmony. There is a group of people in the world who have spent their entire careers tracking and monitoring recessions and depressions. From the bureau of labor statistics employment report to the number of new homes being built by the national association of homebuilders, they are analyzing this set of indicators. Despite the fact that many organizations in the United States are working to predict a recession, the National Bureau of Economic Research (NBER) is a leader, and its views are widely accepted. In other words, if the national bureau of economic research says the U.S. is in a recession or a recession, that may be the case.
Although for white-collar and blue-collar workers, the word was the recession will cause fear in the heart, but the recession itself is not a bad thing, but it is likely to be enormous and far-reaching. Consumer spending cuts will lead to higher unemployment. And when the currency is reduced in circulation, the purchasing power of consumers will decline accordingly. As a result, the companys profits will be reduced and its stock prices will fall accordingly. The recession is like the myth of ouroboros, the snakes tail that forms an eternal cycle.
But the recession is sure to end. In fact, some economists believe that the recession is a link between the peaks of the economic cycle and the trough in the trough. So what is the recession? If, for example, the recession is a common toothache, the recession is the sharp pain of pulling teeth out without anaesthetic. Where is the difference between a recession and a recession? Its a matter of opinion. But they must be interrelated, and one must
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