When it comes to defining a recession, it’s more complex than the textbook explanation you often hear. Officially, a recession is described as a significant decline in economic activity across the financial system lasting for more than a few months. It’s commonly defined that economic growth must decrease for two consecutive quarters to qualify as a recession so for all intents and purposes, lets keep it at that. When you learn how to recession proof your finances, recessions become less threatening. Remember, money is abundant and cash flow can be abundant as well. The true nature of money is simply a medium of exchange. Obtaining more of it and giving your dollars a purpose is relatively simple.
An Elegant Proof That 1 + 1 = 2
Presented by the 19th-century mathematician Giuseppe Peano, the Peano axioms are a set of axioms for the natural numbers in mathematical logic. Generally, axioms are statements…