By The Pinnacle View Team The world economy has navigated turbulent waters in recent years, with challenges including a global pandemic, post-pandemic economic woes, geopolitical tensions, trade fragmentation, and rising financial stress. Major powers have responded by engaging in substantial over-issuance of currency, experts told NTD’s “Pinnacle View” program last week. However, the central bank […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.