Financial Strategies by Bill Roberts - Archives November, 2011

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Home : Blogs : Bill Roberts - "Baby Boomer" Retirement Planner : Financial Strategies by Bill Roberts : Archives November, 2011

Should We Build Something Now? - 11/04/11 12:12 AM

Should we build something now? by Bill Roberts
For the most part economic activity slows down during a recession. That is actually the definition of a recession: two successive quarters of decreased economic activity. There are various technical descriptions but this is good enough for our purposes. The economists are trying to tell us that the recession is over. Yeah, right!
Recessions always lead to recoveries, usually about 18 months later. But how long do depressions last?
The last time we had a depression it lasted over ten years. And if it hadn't been for WWII it might have gone on … (2 comments)

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