Everything's Going to Be Alright
By Joel Burslem, Wednesday, October 1, 2008.Bookmarking Sites
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"The anxiety we feel about rising prices, plummeting home values and a weak dollar is real. But perhaps we should take comfort in the fact that, historically, recessions are relatively short and they're usually followed by long periods of prosperity."
From a Brief History of Recessions by Harvard Business Publishing.
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Submitted by Dave Dugdale on October 1, 2008 - 10:39pm.
That is a pretty neat chart. I think everything will be ok, it might take some time - but I like to think on the positive side.
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Submitted by Mike Stewart on November 7, 2008 - 12:48am.
Its nice to see things like this to everything in perspective. We're going to be alright...
With oil and commodities getting cheaper the US economy may do better now. Hopefully this recession is short and sweet and the new Administration regulates the financial sector (since they quite obviously couldn't do it themselves) so the US and the world don't have another real estate meltdown.
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