The Economic Futurist: Business Cycles -- How Frequent, How Severe?

[McFurd]

Forbes - 9/25/2017 - Bill Conerly - Booms and busts will always be part of the economy, but they may come more frequently or less frequently, and they may be more severe or less severe. Let’s look at what’s likely in the next ten years. We begin with history. Think back to December 1982 and visualize a business leader with 25 years of experience. That executive had managed through five recessions. Now fast forward to December 2007 and visualize the next generation business leader. In that person's 25 years of experience, he or she had managed through only two recessions. Five recessions or two recessions over the course of 25 years: it makes a difference to how one perceives the world. Read more @ https://www.forbes.com/sites/billconerl ... cf98c83339