Economy

Observations on economic developments and how they affect the American and individual economies.

And yet the data shows a fast recovery

This is an update to a post published almost two years ago: Some Historical Perspective on the Current Recession.Back then I analyzed data until the third quarter of 2008. The data showed that we weren’t in a depression yet, and that Up to the 3rd quarter of 2008, the economic recession was shallower than the [...]

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