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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (292545)6/28/2006 4:12:53 PM
From: bentway  Read Replies (2) of 1582529
 
"recessions are not a normal part of the economic cycle"

Most human activities and natural activities are cyclic. Denying this doesn't make it not so, any more than cutting taxes ALWAYS results in increased government revenues. Recessions follow periods of "irrational exhubrance". During the Clinton years, that meant tech investing. In the Bush years, it's been centered in residential RE, which is in the process of correcting now.

Go with the flow dude! I get the feeling you PERSONALLY would rather not have a recession right now...but we don't get to pick 'em - just try to predict 'em.

money.howstuffworks.com

"What goes up must come down: Periodic recessions are a natural part of any nation's economic cycle."

"Spotting a Recession
In the United States, the economy follows a somewhat regular pattern of expansion and contraction. The economy will typically expand steadily for six to 10 years and then enter a recession for six months to two years. The point where the recession begins is known as a peak, and the point where it ends as known as a trough. Following the trough, the economy expands again toward another peak. Economists call the period of time between two peaks a business cycle."
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