Aug 26, 2011

One Half Way to a Lost Decade

Interesting article in Freakonomics arguing that the recession began sooner then commonly thought. Of course the more interesting and important date is when is it over?

"The NBER reckons the recession began in December 2007. But look closely, and you’ll see that it may have begun a earlier. The point is more easily made with a simple graph:"

Click to read the article: