|
In response to
"While true, the "yes but" is that the resetting in 2008 was also unprecedented in terms of severity, which could allow for 10+ growth years to follow. -- nm"
by
rollo
|
Ehhh, it still paled to 1929-32 which saw 'only' 5 years of GDP growth under FDR prior to a recession
Posted by
Will Hunting (aka kelly)
Jun 22 '18, 10:39
|
followed then by another 6 years of growth due, in large part, WW2.
Maybe the difference now vs then is the bounce-back has been measured and controlled so it never actually overheated, but this is still uncommonly lengthy
|