60 Years of GDP Declines Shows How Serious This Is

By on May 5, 2009

Calculated Risk recently posted a chart which indicates how serious the current decline in economic activity is and how far away we are from the technical definition of a depression.

Click on chart for larger image in new window:

Source:http://www.calculatedriskblog.com/2009/05/shiller-on-depression-scares.html

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