Recession

Recession
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  • Recession: How do we dig our way out?
  • By Daniel Wen
  • What's a recession?
  • Oh no, we're in a recession, what do we do?
  • People aren't buying and the economy is weakening.
  • Our GDP has fallen and people are losing their jobs.
  • It's causing an even greater recession.
  • Businesses are having to fire workers and lower their prices.
  • People are anticipating these price drops and spend even less.
  • Let's try lowering interest rates to encourage people to take out loans.
  • That should help stimulate the economy and help stop the recession.
  • OK, let's see what happens!
  • Three month later...
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