Fotos

Photographer's Note

Before little time we spoke for the black clouds at attendance foreboding local or general storms of weather ! Now we speak for the black clouds that approached and touched upon the world economy they cause world recession values.
...storm landing! crisis clouds economic outlook!economic dark clouds!...etc


-In 2008, a global economic crisis was suggested by several important indicators of economic downturn worldwide. These included high oil prices, which led to both high food prices (due to a dependence of food production on petroleum, as well as using food as an alternative to petroleum) and global inflation; a substantial credit crisis leading to the bankruptcy of large and well established investment banks as well as commercial banks in various nations around the world; increased unemployment; and the possibility of a global recession....etc..

-Recession is a normal (albeit unpleasant) part of the business cycle; however, one-time crisis events can often trigger the onset of a recession. A recession generally lasts from six to 18 months. Interest rates usually fall in recessionary times to stimulate the economy by offering cheap rates at which to borrow money.

carper, elendim, ALIRIZA, Budapestman, steliosk, rodgerg, parbo, stelli, argycon marcou esta nota como útil

Photo Information
Viewed: 1816
Points: 28
Discussions
Additional Photos by Georgios Topas (TopGeo) Gold Star Critiquer/Gold Star Workshop Editor/Gold Note Writer [C: 4033 W: 93 N: 8299] (38220)
View More Pictures
explore TREKEARTH