1) The current recession is the longest since the Great Depression of the 1930s. We are still far from recovery with the unemployment rate around 9.7 % and more than 442,000 new weekly unemployment registrations. In your opinion, are we on the verge of emerging from the recession or will it continue? In addition to unemployment data, support your positions with economic indicators such as: housing starts, used home sales, GDP growth, etc. The current financial recession or crisis began in the United States of America and has created a domino effect of creating instability in financial markets around the world; the spark of this recession lit the fire around December 2007. Our current financial crisis is also known as the subprime mortgage crisis and it occurred due to the reckless practices of making loans without guaranteeing them by guarantees or guarantees. Obviously, this credit bubble that had been blown by investment banks and commercial banks burst primarily when loans started to deteriorate and subprime borrowing was exposed. The fall of Lehman Brothers was a big blow because it created a panic situation. This was also accompanied by a fall in property and stock prices. If we look at the latest statistics regarding the general situation of the economy, there are clear signs of recovery. According to an economic report published in Market Watch (www.marketwatch.com), the U.S. economy grew 5.6 percent in the last three months of 2009. According to the report, over the past year, U.S. real GDP increased. of 0.1%. It is said that the increase in this GDP figure should be associated with changes in inventories and not final sales; in addition, pre-tax profits increased by an average of 8% and consumer spending increased slightly. An increase in corporate profits also indicates a likely increase in investment and increased employment in the future. Martin Feldstein, the former president and founder of the National Bureau of Economic Research, predicted that the recession would end in 2010. Some facts we all know are that an increase in spending shows an increase in aggregate demand in an economy meant by a high GDP marks the end of the recession. The following chart shows the year-on-year change in new car registrations in the UK. The graph clearly shows the drop in % change in enrollment in 2008 from around 25% to 35%, especially towards the end of that year..