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Tag: recession

What would a depression look like in 2009?

November 17, 2008November 17, 2008Aaron B. RussellLeave a Comment on What would a depression look like in 2009?

“Most of us, of course, think we know what a depression looks like. Open a history book and the images will be familiar: mobs at banks and lines at soup kitchens, stockbrokers in suits selling apples on the street, families piled with all their belongings into jalopies. Families scrimp on coffee and flour and sugar, […]

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