By admin on May 13, 2010
Traditionally, the rate of recovery following an economic downturn is usually a direct proportion of the size of the downturn. However, the downward spiral in the banking crisis which has led to tight credit conditions, paired with shocks in the housing bubble, and a high unemployment rate, are some aspects that make this recovery much weaker than the previous ten recessions.
Read More How Does the Current Recovery in the US Stack Up Against History
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