Recession's Hidden Virtues
This article explains three of the main driving forces that may lead us into our next recession, the collapse of housing, increase in oil prices, and the credit crunch. I feel that a recession is very hard to predict. It seems that it could happen any time in a number of ways. There are so many different people telling me their opinion regarding recessions, that I am having a hard time deciding for myself what I think will happen. When we look at what has happened to our economy in the past we can analyze what happened and then explain why, but it is impossible to predict the future economy accurately because the variables are constantly changing as the world evolves. I don't think anyone knows what is going to happen; we can only make an educated guess.