Recession
in sentence
2506 examples of Recession in a sentence
Malaise is better than a recession, and a
recession
is better than a depression.
Germany Is Not ChinaROTTERDAM – There is little dispute that global imbalances in trade and capital flows are at least partly to blame for the financial crisis and ensuing
recession
that have rocked the world economy since 2008.
The experiment failed, and the country suffered a deep economic and social crisis, with a
recession
that lasted from 1998 to 2002.
Similarly, the austerity policies that Europe used to fight the
recession
from 2010 on were based on the belief that there was no
recession
to fight.
According to the IMF, the economy will remain in
recession
next year, and, though the rate of contraction will be less severe than in 2012 (-0.7% in 2013, compared to -2.3% this year), the unemployment rate is expected to rise further, from 10.6% to 11.1%.
A big adverse surprise – like the election of Donald Trump in the US – would likely cause the stock market to crash and plunge the world into
recession.
Trump’s trade-led
recession
would tip Europe back into full-blown recession, which would likely precipitate a serious banking crisis.
Public debt could be reduced without fear of recession, because private demand would be stronger.
Of Banks and BailoutsPALO ALTO – Early signs of a manufacturing rebound, already strong in Asia, lend hope for some modest recovery from today’s deep global
recession.
Elites in Western countries discredited themselves by permitting the financial excesses that helped trigger the Great
Recession
and by being slow – particularly in Europe – to deal with the social consequences.
The Risks to America’s Booming EconomyCAMBRIDGE – After a long and slow recovery from the
recession
that began a decade ago, the United States economy is now booming.
For a global economy limping along at stall speed – and most likely unable to withstand a significant shock without toppling into renewed
recession
– that contribution is all the more important.
In such a scenario, there is no way the world could avoid another full-blown
recession.
How to Prevent a DepressionAMSTERDAM – The latest economic data suggests that
recession
is returning to most advanced economies, with financial markets now reaching levels of stress unseen since the collapse of Lehman Brothers in 2008.
The risks ahead are not just of a mild double-dip recession, but of a severe contraction that could turn into Great Depression II, especially if the eurozone crisis becomes disorderly and leads to a global financial meltdown.
How to Sell Anti-ProtectionismSTOCKHOLM – The looming global
recession
has brought government intervention to save failing companies to the forefront of economic policy.
The system protects not only the unemployed, who can continue to pay their mortgages and interest, but also indirectly the banks, because their loans to households are repaid even in times of
recession.
The sub-prime crisis in the early summer of 2007 developed first into a financial crisis and ultimately into a
recession.
Yet the financial crisis and the ensuing
recession
go only so far towards explaining these high levels of indebtedness.
Some central bankers now worry that ending these measures prematurely will tip the economy back into
recession.
The Perfect Storm of a Global RecessionNEW YORK – The probability is growing that the global economy – not just the United States – will experience a serious
recession.
Recent developments suggest that all G7 economies are already in
recession
or close to tipping into one.
This looming global
recession
is being fed by several factors: the collapse of housing bubbles in the US, United Kingdom, Spain, Ireland and other euro-zone members; punctured credit bubbles where money and credit was too easy for too long; the severe credit and liquidity crunch following the US mortgage crisis; the negative wealth and investment effects of falling stock markets (already down by more than 20% globally); the global effects via trade links of the
recession
in the US (which still counts for about 30% of global GDP); the US dollar’s weakness, which reduces American trading partners’ competitiveness; and the stagflationary effects of high oil and commodity prices, which are forcing central banks to increase interest rates to fight inflation at a time when there are severe downside risks to growth and financial stability.
Official data suggest that the US economy entered into a
recession
in the first quarter of this year.
The economy rebounded – in a double-dip, W-shaped
recession
– in the second quarter, boosted by the temporary effects on consumption of $100 billion in tax rebates.
The UK, Spain, and Ireland are experiencing similar developments, with housing bubbles deflating and excessive consumer debt undercutting retail sales, thus leading to
recession.
Moreover, high oil prices in a country that imports all of its oil needs, together with falling business profitability and confidence, are pushing Japan into a
recession.
So every G7 economy is now headed toward
recession.
This G7
recession
will lead to a sharp growth slowdown in emerging markets and likely tip the overall global economy into a
recession.
Those economies that are dependent on exports to the US and Europe and that have large current-account surpluses (China, most of Asia, and most other emerging markets) will suffer from the G7
recession.
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