Powered By:
Android Advice

The Oregon Biz Report - Business News from Oregon

Read about accutane journal moderate acne here

Comparing recessions, world recessions

September 21, 2011

By Patrick Emerson
Oregon Economics Blog

Absolutely essential reading over at the Oregon Office of Economic Analysis blog where Josh updates the Reinhardt and Rogoff data on comparative crises.

He shows this graph which I have also been showing from time to time to give some perspective on the seriousness of the current recession relative to US recessions past. Ouch:

But how does the current US crisis compare to other serious crises around the world? Here is a comparative graph:

As you can see, our crisis is not at all exceptional. And look how long it took the other crises to resolve themselves. Lost decade, anyone? Go check out the full post.

  
Print This Post Print This Post    Email This Post Email This Post

Discuss this article

no comments yet

Leave a Reply

Your email address will not be published. Required fields are marked *


8 − three =

Recent Articles

Press Releases



Top Business News

 

Top Women's News

 

Top Natural Resource News

 

Top Faith News

 

Copyright © 2014, OregonReport. All Rights Reserved. | Terms of Use - Copyright - Legal Policy | Contact Oregon Report

Stay Tuned...

Stay up to date with the latest political news and commentary from Oregon Business Report through daily email updates:

Delivered by FeedBurner

Prefer another subscription option? Subscribe to our RSS Feed, become a fan on Facebook, or follow us on Twitter.

RSS Twitter Facebook

No Thanks (close this box)