A decade after the crash,many nations are still on emergency monetary policies, even before a unique downturn strikesCentral banks are getting twitchy. On average, or recessions have come along once a decade since the mid-1970s and the nadir ((n.) the lowest point of something) of the final downturn occurred almost a decade ago.
The Nobel prize-winning economist Paul Krugman has predicted that there will be a recession in America by the time Donald Trump comes up for re-election at the close of next year.
Continue reading...
Source: theguardian.com