Economy
Observations on economic developments and how they affect the American and individual economies.
Some Historical Perspective on the Current Recession
Image via
Wikipedia
Back in 2007, a simple device allowed me to pin-point the start of the current recession on the fourth quarter of 2007. Instead of relying on massaged data, I simply looked at what was the real situation of American corporations. For doing so, with the
Bureau of Economic Analysis data on
GDP using [...]
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