It takes 6 years to recover from a balance sheet recession period.

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in response to reader comment: Accountable

Submitted by Lyle (United States), Nov 6, 2012 22:26

It took 6 years in 1893 when the railroads mostly went into receivership and there was a terrible debt overhang. So counting the start of the crisis in 2007 2013 is the time it should end, and whomever is president comes out smelling like a rose.


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Title By Date
Obma's victory [97 words]herman kaufmnNov 10, 2012 16:26
Accountable [22 words]Jerry SkurnikNov 6, 2012 17:07
⇒ It takes 6 years to recover from a balance sheet recession period. [46 words]LyleNov 6, 2012 22:26

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