L-Shaped Recovery
See: W-Shaped Recovery. See: V-Shaped Recovery.
Lots of shapes that economic recoveries come in. Here, the economy suddenly and precipitously falls. And then it just continues apace at that lower level of productivity. Oh w'L.'
See: W-Shaped Recovery. See: V-Shaped Recovery.
Lots of shapes that economic recoveries come in. Here, the economy suddenly and precipitously falls. And then it just continues apace at that lower level of productivity. Oh w'L.'