The coronavirus pandemic has created one of the worst recessions the world has seen since the 1930’s Great Depression – but it is also shaping up to be one of the shortest. According to research from Commonwealth Bank’s international economics team, the global economy is already showing signs of bouncing back, following a “very deep [contraction] but very quick at only a few months”. “The months-long lockdown in the first half of 2020 means most economies will contract in 2020. But… Source link
Read More »Will it be the shortest recession in history?
