One ‘L’ of a recession
First it was the ‘W’ recession – a dip caused by private sector contraction, a little rise in confidence and then a second dip caused by the public sector contraction.
Just when we though the recession could get no worse, we then are told it might be an ‘L’ recession – a complete dip with no growth. Let’s hope not.
By Super Administrator
on 25.02.2010
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