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Random Quirkiness

Because life already is strange ...

Tuesday, June 03, 2008

A recession is when your neighbour loses his job. A depression is when you lose your own job. Because of the interconnectivity of today's worldwide economy, these economic downturns can be very difficult to predict, but sophisticated econometric modeling houses like Data Resources and Chase Econometrics have successfully predicted 14 of the last 3 recessions.


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