/ GDP contraction
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Germany and Ireland Officially Tip Eurozone Economy into Recession
On an annual basis, eurozone's economy saw a contraction of 0.4% in Q1 2023.
June 08, 2023
GDP Shrinks for 2nd Quarter as the White House Downplays Recession
The U.S. GDP contracted 0.9% in the last three months, marking the second consecutive quarter of negative economic growth.
July 28, 2022
Falling GDP Over 2 Successive Quarters Not Technically Recession: White House
The fiat system revolves around decrees, including recession vs. technical recession.
July 23, 2022
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