1min
Recession of 1951
After the large decline of Sordland in the Sordish Civil War, the Recession of 1951 is known to be the largest economic subtraction in Sordland's history.
The recession was triggered by a fast-paced privatisation plan that disrupted the economy and caused hyperinflation. President Ewald Alphonso was widely blamed for the aggressive economic reform policies that put the country upside down.
However, many obstructions in key government institutions seem to indicate that there was more at fault within the state than it is known.
