What is a recession? | CNBC Explains

Transcript

The last time there was a global recession was in the late 2000s. The scale and timing of that Great Recession, as it’s now known, varied from country to country. But on a global level, it was the worst financial crisis since the Great Depression. Now a decade on, some people are worried the next worldwide downturn may be just around the corner. Wh... Read More