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What Causes A Recession?
August 28, 2017
Bloomberg View – Finding the Root Cause of Recessions Two things bear most of the blame: external shocks and economic volatility. The U.S. managed to avoid recession after the financial crisis, but Japan has succumbed to three contractions since 2009. Economic volatility is a key reason for this divergence, and that tells us a great deal… Continue reading What Causes A Recession?