Shrinking and Aging Population Can Lead to a Permanent Great Depression
by Brian Wang from NextBigFuture.com on (#6D6YB)
The Great Depression was a global event in the 1930s. There are proposed definitions of economic depressions, which are * a decline in real GDP exceeding 10%, or * a recession lasting 2 or more years. A recession is defined as negative economic growth over two quarterly GDP measurements. This is 6 or more months ...