How did the Great Recession start?

Let’s learn how did the Great Recession start. The most accurate or helpful solution is served by wiki.answers.com.

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Are we headed into a recession? If so, how bad will it be? And when will the economy start to recover?

I think we are headed for tough times. Although maybe not as terrible as some people predict. We'll enter into a moderately deep recession in 2009. Things will start to get better after about 18 months. What do you think?

Answer:

Well, we're already in recession, actually, and it will probably get a smidgen worse before it gets...

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Mr. Atoz at Yahoo! Answers Mark as irrelevant Undo

How did recession start?

I was wondering how this recession actuall started. I dont understand that a single company (Lehman brothers) can influence the global economy. According to the reports this is the ...show more

Answer:

The banks began giving out large loans to people who couldn't pay them back. The people thought that...

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RPISG7M35BUK5LZWW764QL5CS4 at Yahoo! Answers Mark as irrelevant Undo

Answer:

As soon as US worker productivity increases.

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In simple terms how did the credit bubble (recession) in 2007 start?

And how are we getting out of it in the UK??

Answer:

Organisations lent money to people who couldn't afford to pay it back. They didn't bother to check income...

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In simple terms how did the credit bubble (recession) in 2007 start?

And how are we getting out of it in the UK??

Answer:

There are lots of theories. One is when the US passed a rule that the first $250K of capital gain on...

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How does a recession start?

I don't really understand the principals of world economy, I'd Like to know how these down turns happen and why they are so difficult to turn around.

Answer:

Observe the Indian economy right now....it is the beginning of what appears to be a LONG recession....

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What is a good small business to start during a recession?

Former Treasury Secretary Greenspan said today America is due for another recession and that it would likely start the end of this year, 2007. During a recession, what kind of small businesses stand the best chance of making a profit AND in some part...

Answer:

Anything that deals with addictions, since you gotta have it. Example an alcohol and cigarette store...

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neandert... at Yahoo! Answers Mark as irrelevant Undo

Recession?Start small business or struggle to find job?

I will graduate on March and I still do not know if there any job for me because of the recession. Oh,I am Malaysian by the way.So, I would like to know if there any kind of business that can be a boom during the recession and uses little money(about...

Answer:

hi the only business that makes money in a recession is one that is selling something much cheaper than...

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What would be a good type of business to start during this recession?

My husband and I have about £10,000 savings and are wanting to start our own business. Would types of businesses are doing well in this recession, and what would you recommend?

Answer:

The banks have many repossessed houses they need to sell. these need to be prepared for showing. Likewise...

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