Category: GDP

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The GDP Spiral: Contraction, Recession, Depression

In the BBC newsfeed this morning: “Eurozone recession continues into sixth quarter.“ The headline made me think about how most of us know the words “recession” and “depression” as interchangeable jargon used by the business news anchor. Also: “contraction”. It’s the kind of language that floats ominously around the TV room while you’re tweeting an […]

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