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Didn't we just go through two major recessions in 2000 and 2008? Is anyone surprised that more people are giving up hope in recent times with all the factories
by stmfreak 10y ago
Didn't we just go through two major recessions in 2000 and 2008? Is anyone surprised that more people are giving up hope in recent times with all the factories closing, major retailer closing, unemployment at incredibly high levels (U6, not official statistics) and massive debt from student loans?
- Sanddancer 10y agoRecessions on average happen every 8-10 years or so. There was a recession in 91-92, one in 81-82, etc. That part of the business cycle is pretty cyclical.