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Tag: Great Depression

Links for 2009-07-03 [del.icio.us]

  • To Dennis Kneale: You’re An Idiot – The Market Ticker
    There are two types of recessions, if you happen to know more about economics than you knew about options a year ago, when you were caught asking on the air "what's the VIX?"

    The types of recessions are inventory driven recessions, the most common, and credit driven recessions.

    The last material credit driven recession was in the 1930s. We called it the "The Great Depression."

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