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Archive for July 22nd, 2008

Strength, weakness, recession, depression.

Tuesday, July 22nd, 2008

Strength, weakness, recession, depression

By Cees Bruggemans, Chief Economist FNB

21 July 2008

You may have heard the expression. When your neighbour looses his job, it is a recession. When you loose yours, it is a depression.

Especially people in protected employment often show little understanding as to what it is to be unprotected.

There are a [...]