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A Transitional Recession

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Uploaded by on Nov 7, 2009

The Great Recession of 2008 -2010 is a reorganization recession because it is the transition between two ages, the Information Age and the Shift Age. Similar to the 1970s which was the transitional decade between the Industrial Age and the Information Age. This why the economists keep missing forecasts. This is much more than a recession; it is a disruptive economic transition

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