By Rodd Mann When we talk about debt, we are generally expressing our concern that we may have taken on too much of it. Perhaps making the monthly payments is becoming onerous, and indeed we can get to the point where excessive debt can sink us into bankruptcy. But the judicious use of debt can […]
Tag: Economic Depression
An economic depression is a period of sustained, long-term downturn in economic activity in one or more economies. It is a more severe economic downturn than a recession, which is a slowdown in economic activity over the course of a normal business cycle.
