2 Reasons Today’s Recession Is Different From Others
In case you missed the news, we're officially in a recession, and it's certainly not the first time the U.S. economy has tanked. Just think back to the Great Recession of 2007 to 2009, which not only lasted two years, but has had a lasting impact on so many people's finances. But the current recession we're in differs from the ones that came before it in several ways, and it's those differences that could play a role in fueling our recovery.
Recessions are usually the result of economic turbulence, or some sort of economic activity. The Great Recession, for example, was spurred by the subprime mortgage crisis, while the 2001 recession before that was fueled by the dot-com bust.
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Source Fool.com
