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Looking it up on-line it stated that if the financial events go on for three or more quarters, etc. Yet, I still found it challenging to comprehend the difference between economic recession and depression. Sights I read sounded like “government” language.
Seeking more “regular citizen” language for comprehension. Any added examples for easier understanding is appreciated. Thanks.
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When it shows to be “obvious” to citizens that environment of recession, or depression, is going on, why is it stated by the president at the time that the country is not in a recession, or depression ? Just to calm the citizens ?
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Sell and Rent Back
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