Saturday, September 15, 2007

Are Recessions A Good Thing?

Today’s post is a follow-up to yesterday’s, Recession on the horizon?. Saving Diva asks if a recession is necessary for the economy? And Lazy Man isn’t entirely convinced we’ll see a recession.I think a recession is a normal part of the business cycle. Messing with the business cycle in 2001 is what caused the huge housing bubble. When I say messing with the business cycle, I mean manipulating the interest rat[...]

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[Source: The Money Blogs]

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