In the economy world, a recession is where there is a huge decline in economic activity some times for whole months. Many outside as well as inside factors can contribute to this, from; Political agendas, Economic imbalance, and maybe even a deadly pathogen. Current events: With the recent Covid-19 virus threatening the current state of … More Recession, What is it?

The latter end of 2019 sees China extending their hands and seek additional business opportunities outside of its border. The start of January sees an outbreak of the contagious virus ‘Corona’, this unfortunate turn of events has halted the progress of the said opportunity. Combined efforts of multinational business and that of the government’s has … More How outside forces can effect economy

GDP (N) : Gross domestic product is a monetary measure of the market value of all the final goods and services produced in a specific time period, often annually G20 (N) : is an international forum for the governments and central bank governors from 19 countries and the European Union. India is one of the … More Asia’s third highest economy on a decline

(N): Debt is when something, usually money, is owed by one party, to a second party. Debt is a deferred payment, or series of payments, that is owed in the future, which is what differentiates it from an immediate purchase. Situation: Debts has always been defined as an inescapable pit, that just keeps growing in … More UK debts on the rise

During the 19th century the prevalent idea was that taxes should serve mainly to finance the government. In earlier times, and again today, governments have utilized taxation for other than merely fiscal purposes. The issue; The people’s republic of China is a country known for its economic success and part of the reason would be … More Why the Us-China trade war is hurting consumers