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Whatever is causing recession, it is not land shortage.
If government is to retrench without causing recession, private demand has to rise, but the squeeze on real incomes and a reluctance to invest means this is not happening.
During any brushing cycle, the toothbrush is thought to scratch the gingival tissues to some degree [ 79– 81], possibly causing recession.
Similar(57)
That does not prove that oil shocks always cause recession.
It calculated that the housing market would slow the economy, but not derail consumer spending enough to cause recession.
Gordon Brown today admitted the global economic downturn was "likely to cause recession" in the UK as he ordered a halt on home repossessions.
Two former chancellors have dismissed George Osborne's claims that leaving the EU will cause recession, job losses and lower wages as inaccurate propaganda.
"Having taken action on the banking system, we must now take action on the global financial recession which is likely to cause recession in America, France, Italy, Germany, Japan and - because no country can insulate itself from it - Britain too.
"We don't know what causes recessions.
While oil shocks, on their own, may not cause recessions, they can knock an already teetering economy over the edge.
But we have not been able to pinpoint what ultimately causes recessions -- probably because the causes are psychological and thus intangible.
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