Lessons From Past Recessions
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SEPTEMBER 3, 2022
The most recent recession was in 2020 and only lasted a couple of months, whereas the 2008 recession lasted about 18 months. How much debt do I have (credit cards, student loans, car loans, mortgages, etc.)? What is a recession? A recession is a period of economic downturn spread over time, usually a few months to a few years.
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