Tuesday, February 24, 2009
Recession versus Recession versus Depression
This is a superb comparison of length and severity of recessions and the Great Depression. As you can tell from the chart, we are just a little worse off the the 73-74 recession. Being old enough to remember that one, I'd say that feels just about right. What I have trouble seeing on this chart is the trend for the 81-82 recession. As I remember that one, it was worse than what we're in now (I still haven't seen anyone popularize a misery index like in that era) - but memory is a funny thing and facts are hard to fine.
Subscribe to:
Post Comments (Atom)
Woke Terror
I recently heard a new phrase that stuck in my head like a dart in a dart board - Woke Terror . In our world a formerly innocent remark...
-
Quick! Who is the father of Fascism - the man who named the political philosophy? Joseph Stalin Adolf Hitler Benito Mussolini Act... -
Almost everybody in the IT business is familar with Gartner and Magic Quadrants. Here's another useful visua l from Thomas Wailgum at CI... -
I promised to concentrate on Information Technology in this blog. This, however, is just too good to pass up. If you're one of my freque...
No comments:
Post a Comment