With some light spreading at the end of the recession tunnel, many people like me are wondering if the worse of recession is genuinely about to conclude. Though the figures emanating from various part of geography suggest so, some of the economists suggest we might be heading to something called "double dip" recession. Better symbolized as "W-shaped" recession, this type has a recession, emergence from previous recession and another leap of recession following short period of growth.
No doubt recovery appears to be in motion in almost all kinds of industries ranging from Real-estate, IT, Retail etc but many economists are cautioning about "W-shaped" recession. This kind typically has two back to back recessions. Hence, most people are impacted with the repeat recession cycle when they are expecting it the least.
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