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The Great American Slowdown
Oleh:
The Economist
(Editor)
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 387 no. 8575 (Apr. 2008)
,
page 13.
Topik:
American
;
Economy
;
Evidence
;
March
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.48
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
Americans are unaccusstomed to recession, particulary ones that involve shoping less. During the past quarter-century, the world's most powerful economy has suffered only two official downturns, in 1990-91 and 2001. Both were short and shallow. In 2001 consumer spending barely skipped a beat; a decade earlier it feel, but only briefly. Buoyed by rising asset prices and financial innovations that allowed ever more people to tap ever more debt, the collective American wallet has not snapped shut in almost two decades.
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