Career and Money Advice At The Intersection Of Business And Technology

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The difference between recession and depression

November 12th, 2008 · No Comments

There is an old joke among economists that states: 

A recession is when your neighbor loses his job.

A depression is when you lose your job.

Don’t get overly concerned about recession or depression — let’s focused on what we can do, and take actions to put ourselves into better position to win.

Tags: Beat Recession

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