3 ms·

Worldwide recession? The only time the recession was global was for a short while during 2009.

• speeder 14y ago
  Tell me what important country is not having problems. I am from Brazil, we are going full double dip here ( ie: in 2009 the government went batshit crazy in allowing credit, and then we has 7% growth rate, thus year we had several months of negative growth, and banks complaining of a huge rise in defaults )
  • kokey 14y ago
    Many, if not most, are having some problems. It does mean growth has slowed down, but it doesn't mean it has gone negative yet, especially not globally. It's interesting what you say about Brazil, especially about government action regarding credit in 2009. I haven't been following the situation there. It seems like 2012 will still show some growth but considering Brazil's potential it's pretty bad.
    • deleted 14y ago
      [deleted]