I have a pretty good track record on the economic crisis. In 2007, I pointed out that the "slowdown" that people were saying was absolutely not a recession, was, in fact, a recession. In 2008, I pointed out that most major economic downturns of the past century haven't been very brief - although technically the 1970s economic crisis consisted of two recessions, rather than one, you could just as easily observe that it consisted of a decade or so of high unemployment, economic stagnation, etc...etc... I argued that it was likely that the major economic crisis we were finally acknowledging…
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