Content about Economic history

April 27, 2011

It’s easy to forget that we have had seven recessions since 1967. While this recession may seem “different” for various reasons, it is important to remember that recessions usually have “different” causes or related events new to our history. And there are great business and life lessons to be learned from each one.

By Hank Moore, Corporate Strategist

Perhaps because we had seen such a long period of prosperity, the current economic recession is causing inordinate panic. The media is helping this panic with headlines such as “Economy Shrinks at Fastest Pace in 26 Years,” “Over One-Third of Americans Believe Nation in a Depression,” and “Wall Street Tumbles to 1997 Levels on Bank, Recession Fears.”