To qualify as a recession, economic activity must decline in an absolute sense; a mere slowdown in real growth is not enough.Edgar Fiedler
COVID-19: Current Worldwide Status
Worldwide Confirmed Cases
Worldwide Confirmed Deaths
Worldwide Case Fatality Rate
Worldwide Doubling Time
Worldwide Crude Confirmed Case Rate + Worldwide Crude Fatality Rate
Worldwide case fatality rate is at 3.13. Worldwide doubling time is now at 58 days. Worldwide confirmed cases and worldwide confirmed deaths continue to rise. The spread of COVID-19 continues.
SOCIAL MOOD: Vulnerable
The current problem of the Unites States economy is extreme levels of debt at all levels of the economic spectrum (individuals, families, small businesses, corporations, multi-national corporations, municipalities, state and federal governments) and extremely high unemployment.
The United States economy is in a Recession. See for yourself:
Curated by Mario Daurte.
Of Note is The Deflation Times weekly bulletin of the week's most notable deflation stories.
Cover photo by Photo by Patrick Schöpflin on Unsplash.
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