Recession
In this times, around us, flows some worrying news that announce us indirectly that recession may come to our country…In economical terms, recession may be defined as a decrease till reach a negative growth for about 2 semesters.
About us, nothing sure…
Hungary had just entered in this economical depression, also Danemark and Baltic states, Ireland and so on…
If there is someone who have a grandparet or a great grandparent who catched the ’29 – ’33 crisis and remember something about this, may put a comment in order to link some ideas about what’s going on in Romania and to comment upon this.
I know that the crysis that happened in ’29 – ’33 doesn’t match perfectly with that one, because that was a supraproduction crysis and that’s a crysis related to lack of liquidities…so on.
All opinions are welcomed!
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