3 ms·
This time could be different of course, but there is a definite boom/bust business cycle. At least that is my impression after 50 years on this earth, and gener
by ArnoVW 3y ago
This time could be different of course, but there is a definite boom/bust business cycle. At least that is my impression after 50 years on this earth, and general study of history.
Generally the bust lasts 2 years, so if you can stretch it until then there is a good chance you'll make it.
Of course, that's not a guarantee. Some parts of the economy simply never recover, because their fundamentals have changed.