The 20 countries that use the euro as their currency fell into a mild recession around the turn of the year, although the broader European economy avoided the downturn.
Quick question, wasn’t that true for the US as well for a while? I seem to remember them meeting the same criteria for a recession, but the White House just said “it doesn’t count!”
Quick question, wasn’t that true for the US as well for a while? I seem to remember them meeting the same criteria for a recession, but the White House just said “it doesn’t count!”
yup, they just decided to redefine recession instead of admitting they’re in one