There was no blueprint or how-to manual for fixing a global financial meltdown, an auto crisis, two wars and a great recession, all at the same time. ↗
Doing nothing and shrinking spending may save us public money in the short term but could cost us a great deal more over time as the recession takes hold for much longer. ↗
Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me. ↗
And so Fannie Mae produces very strong results for investors in - when interest rates are high and when interest rates are low, in recession and during booms. ↗
The attacks on the World Trade Center and the current economic recession, which is particularly powerful in New York City, have put a number of building plans on hold for the time being. ↗
If we did go into a recession, something that's always possible for the U.S. or Europe, we could lower interest rates and expand the money supply without worrying about the price of gold. ↗
I thought I would set the world on fire when I got out of college. I had done quite well in a field that was growing. Unfortunately, we got hit with a recession in 1981. ↗
