ABC News’ correspondent Alexis Christoforous explains what it means for an economy to be in recession.
#ABCNews #recession #economy #unemployment #prices #supplychain #FederalReserve
20 thoughts on “What is a recession? l ABC News”
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What's a recession? What we're in now.
Trump set us up for this.
I can’t believe that orange terror clown.
The problem is too many greedy hands to get a product to the consumer. There's like 4 greedy middlemen in between manufacturer consumer.
So US is the biggest producer of oil and also the biggest producers of crops (corn, wheat, and etc). I heard we have enough to feed ourselves and keeps economy running. So where is the breakdown? Biden administration should stop blaming war in Ukraine. Oh, also Rand Paul said "We send money to Ukraine by dooming US economy?". He also asked for the receipt in where that money is spent. Shouldn't all politicians ask same questions? hmmmm……
Well captured as always mate. It's no news though that the past few weeks have seen a dip in market price for most stocks/cryptocurrency, funny enough this works for the benefit of a crypto trader, buying crypto at a lower price and trading for profit is a welcome addition to any trader. I'd strongly advise any newbie in trading to seek help from not just any trader but an established trading expert, I underwent series of trading loses I'd best not talk about before I was introduced to trading analyst Thierry Veilleux, my contact with him has been the Hallmark of this year for me, under his careful guide and his signal service I've been able to recover and even grow my trading portfolio to 8btc. Every intending trader out there should contact Thierry Veilleux. He can be reached on telegram (@Thierry_Veilleux22)
😮💨 most adults now spent a chunk of their lives in a recession a few years back. Who is this video for? Toddlers?
cash is trash, amen for bitcoin
Thank you Biden!!
I’ve been saying it would happen for months yet the news waits until the last moment to let people know. We are in a 2nd quarter of negative GDP growth. 2 quarters means a recession. We are here
Where's my bail out money and free money from the FED?
That yacht won't pay for itself.
We are already in recession, heading into full blow depression.
Biden is destroying the petro dollar just as Trump predicted would happen if he imposed fossil fuel restrictions. No oil…no petro dollar.
Its when joe biden got elected
Vote Red…to save country…we were all warned..Noone should be surprized…
Let’s go Brandon!
A recession is a temporary economic decline. This is not temporary.
Americans didn’t have any need to know what a recession is when that orange guy was President! Just saying 🧐
This is no surprise at all,
thanks to sleepy Joe's policies we have x2 gas and grocery prices, your 9.6% inflation and drop in annual real wages. My condolences to anyone like myself retiring this year. 30years of nonstop work just to have a crooked system swallow all your earnings.
LP reacted d ryt way, she is Sexinlocall.UNO need of over drama, or over consider ations. She don't deserve *considerationsf. Lp പറഞ്ഞ പോലെ,, ജീവിതം തുടങ്ങിയല്ലേ ഉള്ളു, പഠിക്കട്ടെ.
Are you serious you guys can't even answer what a woman is and now you're going to tackle a big thing like a recession LMAO
Your right Biden didn’t cause a recession he caused a depression.