Cycles of market growth and slumps are the normal nature of economic markets and a recession is a normal event over time, the 2008 global financial recession was a special case due to new lending practices that bypasses the ordinary mechanisms for regulating mortgages. Recessions of some kind usually occur every eight to ten years. The current financial situation of many countries globally has caused analysts to warn of the possibility of an impending global recession. In 2019 the US Federal Reserve announced it would not raise interest rates, China’s economy has been slowing dramatically since 2018 and German and Italian markets have recently shown zero and negative growth respectively. What do you think about the economic recession during Covid-19 ?

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