If you ask five experts how long this financial crisis will last, you will receive five different answers.
Every day, the volatility of the stock market makes it virtually impossible to ascertain the length of this economic downturn. There are no easy answers, just speculation. Economists give answers like these:
18 months at the most. This is dependent upon the stabilization of the credit market.
2 years at most. Given the infusing of capital into the banks, they will be able to lend to other banks and allow for businesses and individuals to apply for loans once again.
5 years.... Articles Tagged ‘Economy’
Our Economic Crisis – What Next?
If you ask five experts how long this financial crisis will last, you will receive five different answers.
Every day, the volatility of the stock market makes it virtually impossible to ascertain the length of this economic downturn. There are no easy answers, just speculation. Economists give answers like these:
18 months at the most. This is dependent upon the stabilization of the credit market.
2 years at most. Given the infusing of capital into the banks, they will be able to lend to other banks and allow for businesses and individuals to apply for loans once again.
5 years....
Sunday, February 22nd, 2009
If you ask five experts how long this financial crisis will last, you will receive five different answers.
Every day, the volatility of the stock market makes it virtually impossible to ascertain the length of this economic downturn. There are no easy answers, just speculation. Economists give answers like these:
18 months at the most. This is dependent upon the stabilization of the credit market.
2 years at most. Given the infusing of capital into the banks, they will be able to lend to other banks and allow for businesses and individuals to apply for loans once again.
5 years.... 
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