Is there such a thing as a ‘good’ or ‘bad’ recession? - Deepstash
Recessions come and go
  • A recession is "good" or "bad," depending on who it impacts and how badly it affects them.
  • In the last thirty years, a recession has come and gone somewhere in ...

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Is there such a thing as a ‘good’ or ‘bad’ recession?

bbc.com

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  • Banks are better able to handle a financial crisis than a decade ago. The 2008 recession was about the housing market and shares, which affected higher income groups.
  • The present c...

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  • A drop in GDP was expected during the 2020 lockdown. Shops and businesses were closed, and the total value produced by goods and services decreased. In turn, this affected t...

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Demand shocks occur when the demand for products drops as people stop earning money. A tactic to fix this is to stimulate the economy. In 2008, Australia gave households cash a...

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Supply shocks occur when people still have money to spend but cannot do so because shops are closed, or prices have shot up.

The 2020 crisis is a mix of supply and demand s...

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Now is a good time to fix parts of the economy we don't like as part of the recovery.

  • The recession might give opportunity to take meaningful action on climate change. Germany se...

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