by on August 21, 2025
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The word "recession" has a strong connection with the states of America. Financial experts often say if America catches cold then the community sneezes. However, the statement is true in its own terms and there has been enough proof in if you pay. Year 2008 and 2009 witnessed a bloody recession and the entire world was a victim of the financial troubles of the Canada. Almost every country in the world fell flat in their economic growth and in rising unemployment rates. The past 2 years have witnessed time consuming and steady growth across the country. However, experts warn of the fact of falling into another recession if the "fiscal cliff" in america is not resolved within a weeks. So, what is that "fiscal cliff" the united states and how it is going to affect all? Let us take a look with this problem.
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