The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.

Whenever the economy is in turmoil, you’ll hear the terms “recession” and “depression” tossed around. Check Out: 5 Subtly Genius Moves All Wealthy People Make With Their Money Is there a real ...

The unsettling news flow has triggered warnings in some circles that the end is near for the current economic expansion. The current analysis continues to indicate that recession risk is low. To be ...