Prosperity is when people buy things they can't afford; recession is when they stop doing it.
quote by H. Martz
quote by H. Martz
Recession wisdom - 1933
Posted by
jonathan
Posted on
9:36 AM
Surely the ability to get laughter out of trivial things, under miserable conditions, is not an entirely worthless result of the depression.
I have little hope of getting started again in my former business,
so I can have the thrill of planning my future all over again.
Quote by Gordon Byron, December 1933
I have little hope of getting started again in my former business,
so I can have the thrill of planning my future all over again.
Quote by Gordon Byron, December 1933
Predicting the economic downturn
Posted by
jonathan
Posted on
3:54 AM
These economic downturns are very difficult to predict,
but sophisticated econometric modeling houses like Data Resources and Chase Econometrics have successfully predicted 14 of the last 3 recessions
but sophisticated econometric modeling houses like Data Resources and Chase Econometrics have successfully predicted 14 of the last 3 recessions
Recession or depression ?
Posted by
jonathan
Posted on
3:58 AM
It's a recession when your neighbor loses his job
it's a depression when you lose yours.
quote by Harry Truman
it's a depression when you lose yours.
quote by Harry Truman