A Brief Analysis of the Effects of Global Recession in America Toward European Firms

Originally written Nov. 24th 2020.

A global economic crash occurred between the years of 2008 and 2013. The causes of this event have been hotly debated and extensively documented by economists, mathematicians and other experts. According to a December 2nd, 2019 article by Tejvan Pettinger for economicshelp.org: “…The recession began after the 2007/08 global credit crunching led to a prolonged period of low/negative growth, rising unemployment and a period of fiscal austerity. In…