Thursday, August 26, 2010
It might seem as if the economy will never get out of the current funk it's in. In all likelihood, it will, and when it does, we need to remember how bad things got before they got better.
Understanding why things got as bad as they did, as well as making sure we don't make similar mistakes can help us avoid repeating the recession's evil effects in the near future. While things are bound to get bad again, learning from this recession can help us better prepare for and handle the next recessionary round, because it will come...eventually.