pesimiskausi
Pesimiskausi, also known as the "Pessimistic Period," is a term used in the field of economics and finance to describe a prolonged period of economic decline or stagnation. This phase is characterized by a significant decrease in economic activity, often accompanied by high unemployment rates, deflation, and a decline in consumer spending. The term is often used to describe periods of economic crisis, such as the Great Depression of the 1930s or the economic downturns experienced during the 2008 financial crisis.
The causes of a pessimistic period can vary, but they often include factors such as financial crises,
Economists and policymakers often focus on strategies to mitigate the effects of a pessimistic period, such
The duration of a pessimistic period can vary, but it typically lasts for several years. The recovery