Quote Originally Posted by Vladimir View Post
Hi guys :wave: . I know I'm late.

Does anyone notice a disturbing trend? The more recent the recession, the longer the recovery. From these pretties I'm not very concerned about this recession. I am concerned that it appears the economy is less robust than ever before.
I ain't too edyookated on these matters but could this trend be linked to the decline of our industry and overall exports? With each passing year we make less and less 'stuff' and (to my limited knowledge) fewer nations consume materials and/or food from the US of A. Might I venture forth the idea that a nation that imports more than it exports is more susceptible to a prolonged recession/depression than one which exports more than it imports?

Might a service oriented economy be more prone to the pitfalls of a recession/depression than an industry oriented one?

Just a thought, don't take it too seriously as I'm only on my first cup of coffee...