utilizes a free mission system that allows players to align their forces with either the french or english on a battle by battle basis giving unparalleled freedom that allows players to take on different assignments or simply experience a given battle from an opposing side
A recession is defined to be a period of two quarters of negative GDP growth. Thus: a recession is a national or world event, by definition.
Basically, a recession is a return to sane valuations of assets. In the boom period that precedes a recession, a flood of new money and credit has encouraged investment and speculation in the economy that is not justified by the actual supply of resources. All sorts of assets get overvalued.