Economic crisis: It’s only the end of the beginning

Spiked
by Rob Killick

05/14/09

All recessions come to an end eventually. After all, the definition of a recession is merely a fall in economic growth for two quarters or more. Given that economic activity is unlikely to decline ad infinitum, we can assume that sooner or later this recession will be over, too. Whether or not we really are at the beginning of the end is anybody’s guess because the evidence is somewhat contradictory...

http://www.spiked-online.com/index.php?/site/article/6660/


Informant: Thomas L. Knapp



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