Recent Recession

The root cause of 1990 1991 recession was the gulf war which tool hold of the U S economy in late 1990 which was expected to be over soon. The gulf war caused lot of damages to the economy of western region since they all had to co-operate with the U S. The gulf war was activated by U S though it has nothing to do with their internal politics but just to take the greater advantage from the oil rich countries, the U S led the war mainly attacking on Iraq. According to many economists and insiders, the war was just a drama since U S always wanted to acquire the oil wealth of Iraq in order to save the petroleum products of their own. When the deal was converted into the compromise, the war was called off. As a matter of fact the economy of the U S was badly disturbed during 1987 but somehow it was not declared. After the gulf war, they found a chance to announce that the country is facing the symptoms of recession due to the gulf war and many manufacturing units were benefitted from this to shut down directly. Japan is after the U S economy since long time and they are interested to sabotage the development of the productivity. As such U S hardly manufacture anything except the destructive weapons and aircrafts etc. and to sell them off, they find some weak and developing countries and encourage them to fight with each other so that U S can sell their arms and ammunition to these countries and make money out of it. Economic conditions in the healthcare sector are just beginning to respond to a fall in gross national product when the rest of the economy turns around and begins to rise. Response to rapid growth during expansions is similarly delayed. The slow adjustment of the healthcare sector tends to average out changing economic forces over the preceding three to five years.