I’m sure you’ll have heard these phrases used in the news and in economic reports, but just in case you were afraid to ask, here’s what they actually mean.
We’ve heard the word recession quite a lot over the past couple of weeks. If, like, me you’re not entirely sure whats going on behind the scenes and who’s pulling the strings then read on, and we’ll try to discover whats driving this boom-and-bust economy we seem to be stuck with.