Use access key #2 to skip to page content.

Financial crisis with globally synchronized downturn

Recs

9

April 17, 2009 – Comments (3)

Naked Capitalism has a post with data on recovery time for different types of recessions.  Financial crisis and recessions that happen in many economies at the same time have been the worst to recover from.

Looks like we have a global recession with a global financial crisis...

 

3 Comments – Post Your Own

#1) On April 17, 2009 at 1:42 AM, awallejr (82.72) wrote:

Yup.  I submit it will be a slow climb back too, but at least a climb. 

Report this comment
#2) On April 17, 2009 at 5:34 AM, DaretothREdux (49.28) wrote:

Looks like we have a global recession with a global financial crisis...

How much longer before we call it what it really is? A global depression...

Report this comment
#3) On April 17, 2009 at 8:36 AM, dudemonkey (40.73) wrote:

I'm all for an L shaped recovery.  I hope to be buying assets for the next 20 years so getting a decade or so of low prices sounds fine to me.

Report this comment

Featured Broker Partners


Advertisement