Comments on: It’s official – we’re in a recession. But you can still stay positive http://www.16thletter.com/2008/12/01/its-official-were-in-a-recession-but-you-can-still-stay-positive/ Thoughts on how the Internet intersects with work, play & life Sun, 20 Feb 2011 17:30:29 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: @mperna http://www.16thletter.com/2008/12/01/its-official-were-in-a-recession-but-you-can-still-stay-positive/#comment-4922 @mperna Tue, 02 Dec 2008 20:18:21 +0000 http://www.16thletter.com/?p=536#comment-4922 Great post Melis - Thanks for the link as well as the fantastic dinner conversation that inspired the tweet! -- @mperna Great post Melis – Thanks for the link as well as the fantastic dinner conversation that inspired the tweet! — @mperna

]]> By: Jason http://www.16thletter.com/2008/12/01/its-official-were-in-a-recession-but-you-can-still-stay-positive/#comment-4921 Jason Tue, 02 Dec 2008 02:52:21 +0000 http://www.16thletter.com/?p=536#comment-4921 According to Keynes, the root cause of an economic downturns is an insufficient aggregate demand. When the total demand for goods and services declines, businesses throughout the economy see their sales fall off. Lower sales induce firms to cut back production and to lay off workers. Rising unemployment and declining profits further depress demand, leading to a feedback loop with a very unhappy ending. http://nomedals.blogspot.com According to Keynes, the root cause of an economic downturns is an insufficient aggregate demand. When the total demand for goods and services declines, businesses throughout the economy see their sales fall off. Lower sales induce firms to cut back production and to lay off workers. Rising unemployment and declining profits further depress demand, leading to a feedback loop with a very unhappy ending.

http://nomedals.blogspot.com

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