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