With recession at the gates let’s try to invent why it’s actually good for us

With recession at the gates let’s try to invent why it’s actually good for us

A recession seems inevitable for the European economy, after the contraction in the third quarter. But that’s not necessarily bad news. Economists from the big banks point out that it would actually be good if more companies went bankrupt again and the large call for personnel on the labor market subsided slightly. According to the Central Bureau of Statistics (CBS), the economy shrank by 0.2 percent in the third quarter. “If there is such a small contraction again in the fourth quarter, we are technically already dealing with a recession,”…

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Republicans took the House, Senate stays under the dems

Republicans took the House, Senate stays under the dems

Republicans are making it pretty difficult for Democrats in the House in the two years leading up to the next presidential election. During the US midterm elections (midterms), all 435 seats of the House of Representatives (the US House of Representatives) were lost. The House was controlled by the Democrats before the election, but now the Republicans gained the necessary 218 seats for a majority. The next few days should show how big the difference in the House will be exactly. In any case, it is clear that this is…

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