It's official. We've been in a recession since December... of last year. 12 months already. CNN reports that most US recessions last 8-10 months, and global recessions average 16-18 months. Obviously we're in a global recession, which means somewhere around another 8-12 months, if history is any indication. The tangible impact of a recession are clear; layoffs, unemployment rises, downturn in spending, failed businesses, etc.
Now I'm no economic expert, don't play one on TV and I didn't stay ....
The Converging Network
