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We are entering a recession – but what did we learn from the last one?
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<blockquote data-quote="cheryl" data-source="post: 2019" data-attributes="member: 1"><p><a href="https://theconversation.com/we-are-entering-a-recession-but-what-did-we-learn-from-the-last-one-131435" target="_blank"><strong>We are entering a recession – but what did we learn from the last one? - The Conversation</strong></a></p><p></p><p>As the coronavirus <a href="https://www.cdc.gov/coronavirus/2019-ncov/healthcare-facilities/prevent-spread-in-long-term-care-facilities.html" target="_blank">continues to spread around the world</a>, it is abundantly clear that <a href="https://www.forbes.com/sites/richkarlgaard/2020/03/08/covid-19-and-the-economy-as-seen-from-a-technology-investment-conference/#709bcd214fc7" target="_blank">the global economy is entering a recession</a> – the first we’ve seen since 2008.</p><p></p><p><a href="https://money.cnn.com/2014/08/27/news/economy/ben-bernanke-great-depression/index.html" target="_blank">Some officials have compared</a> the last period of economic decline – also know as the Great Recession – to <a href="https://books.google.com/books?id=tGiktQc6yWMC&printsec=frontcover&dq=Great+Depression+best+scholar+treatment&hl=en&newbks=1&newbks_redir=0&sa=X&ved=2ahUKEwiVluLug6foAhUSVN8KHUzZDBEQ6AEwA3oECAQQAg#v=onepage&q&f=false" target="_blank">the Depression</a>, which began in 1929.</p><p></p><p>Yet it is clear that these two downturns differed not only in severity but also in the consequences they had for inequality in the United States.</p></blockquote><p></p>
[QUOTE="cheryl, post: 2019, member: 1"] [URL='https://theconversation.com/we-are-entering-a-recession-but-what-did-we-learn-from-the-last-one-131435'][B]We are entering a recession – but what did we learn from the last one? - The Conversation[/B][/URL] As the coronavirus [URL='https://www.cdc.gov/coronavirus/2019-ncov/healthcare-facilities/prevent-spread-in-long-term-care-facilities.html']continues to spread around the world[/URL], it is abundantly clear that [URL='https://www.forbes.com/sites/richkarlgaard/2020/03/08/covid-19-and-the-economy-as-seen-from-a-technology-investment-conference/#709bcd214fc7']the global economy is entering a recession[/URL] – the first we’ve seen since 2008. [URL='https://money.cnn.com/2014/08/27/news/economy/ben-bernanke-great-depression/index.html']Some officials have compared[/URL] the last period of economic decline – also know as the Great Recession – to [URL='https://books.google.com/books?id=tGiktQc6yWMC&printsec=frontcover&dq=Great+Depression+best+scholar+treatment&hl=en&newbks=1&newbks_redir=0&sa=X&ved=2ahUKEwiVluLug6foAhUSVN8KHUzZDBEQ6AEwA3oECAQQAg#v=onepage&q&f=false']the Depression[/URL], which began in 1929. Yet it is clear that these two downturns differed not only in severity but also in the consequences they had for inequality in the United States. [/QUOTE]
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We are entering a recession – but what did we learn from the last one?
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