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These economic downturns are very difficult to predict, but sophisticated econometric modeling houses like Data Resources and Chase Econometrics have successfully predicted 14 of the last 3 recessions.

Author: Unknown Author
Filed under: Economy | Predictions | Recession

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It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.

Author: Harry S. Truman
Filed under: Depression | Jobs | Recession

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