Worst Recession for Over Three Centuries

Worst Recession for Over Three Centuries

At least that is what the British central bank says as a result of the Corona pandemic, which has not experienced a more severe recession since its founding some 325 years ago. Even according to the ”Süddeutsche Zeitung” (SZ) there is no more positive balance, because if you look at the second quarter you see a slump of 25 percent and an unemployment rate of 9 percent.

whole story here.