American economy was at its peak in 2007 in its fourth quarter of the financial year until a mild recession that later developed into a severe one for the top world economists developed. The primary cause similar to the one that stagnated the United States economy in the seventy's was the contradictory monetary policy from the Federal Reserve that insisted and reigned in high inflation. This recession was a major one that affected various, and most of the countries in the business as the markets were totally bear in stock (Floyd, 2012). The recession in 2008 stagnated major players Continue reading...
