Archive for June 22nd, 2009

What is the difference between a recession and a depression?

Monday, June 22nd, 2009
recession
Scuba Steve asked:


What defines either? When do we know that we are in either a recession or a depression? What barometer is used?

Brian
Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • Bumpzee
  • del.icio.us
  • Facebook
  • Furl
  • Mixx
  • NewsVine
  • Reddit
  • StumbleUpon
  • YahooMyWeb
  • Google