tokilamockingbrd on 19 January 2008
recessions last between 6 month and 3 years... if they see it coming they can try and nullify the effects of a recession by preemtively adjusting rates. Greenspan was the master of this, the US in fact SHOULD have had a recession in 1996 but greenspan saw it coming and he adjusted rates PERFECTLY... this "soft landing" was the key to the 10 year boon in the US economy without a recession which lasted until the dot com bubble.
psn- tokila
add me, the more the merrier.
