Double dip recession in uk
Double dip recession
There is a lot of talk in the media of a "double dip recession" but, What does that mean and what would cause it?
A double dip recession is where the economy tends to recover for a quater of positive growth then slides back into negative growth. The graph for a double dip recession would look like a W shape after recovery.
Watch video: Nouriel Roubini
Warning of a possible double dip recession in the usa.
Categories: uk Recession Tags: double dip, w shape recession