12/10/18

Here's Why The Next Recession Will Spiral Into A Depression



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Here's Why The Next Recession Will Spiral Into A Depression
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Authored by Charles Hugh Smith via OfTwoMinds blog,

Here's the difference between a recession and a depression: you can't get blood from a stone, or make an insolvent entity solvent with more debt.

There are two basic differences between a recession and a depression:

1. Duration: a recession typically lasts between 6 and 18 months, while a depression drags on for years or even decades, often masked by official ....

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