Why Modi government NEEDS to learn from Europe's Failures | Recession in Germany explained

Germany is going through a recession. Germany is Europe's largest economy and the fourth largest in the world. Yet, since last two quarters Germany has faced a negative growth rate. UK and US could be next. What is keeping India safe? And what lessons should Indian policymakers learn from Europe's financial crisis? Explained by Abhi and Niyu in this video.

#Geopolitics #worldaffairs #abhiandniyu

What is a recession:

A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales.

In the United States, a recession is officially declared by a committee of the National Bureau of Economic Research (NBER) when the economy meets two of the following three criteria:

Real GDP declines for two consecutive quarters.
The unemployment rate rises by 0.5 percentage points or more from its low point during the previous 12 months.
Industrial production declines by 2.0 percentage points or more from its high point during the previous 12 months.

A video by Abhiraj Rajadhyaksha & Niyati Mavinkurve

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About Us:
Abhi and Niyu is the fastest growing Indian educational YouTube channel. Abhi and Niyu are a husband-wife couple who believe in the power of our youth.

Abhi and Niyu started their page to talk about positive, impactful ideas and to inspire offline action from online content. It was a way to change the way our negative feeds operated and replace negative news with positive, action-oriented news that made some change. They decode and simplify issues for Millenials and believe small steps lead to big outcomes in the future. Their videos span different genres like history, environment, and sustainability, policy discussions, social commentary, economics, personal finance, among others.