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We'll continue to see the bankruptcies long after recovery begins. Recovery does nothing to help the debt that has accumulated trying to survive.
yes, recovery is started does not means that every indicator is pointing upwards. When economic slump started not all indicators started to spiral out the same time, first stock market, job cuts, etc.. So now we are improving since our leading indicators like stock markets are going up, so I think be patient is all we need to do for a couple of months.
What is the real date of Black Thursday in October, 1929?
by Answerbag Staff on April 29th, 2010
| 1 person likes this
What are the causes and timeline of the 1930 depression?
by Answerbag Staff on January 30th, 2010
| 1 person likes this
Don't mean to be an alarmist, but what are the best ways to prepare for an economic collapse followed by years of economic depression?
by Anonymous on June 12th, 2011
| 1 person likes this
What are the causes of an economic depression?
by Answerbag Staff on January 17th, 2010
| 1 person likes this
why is it that the more i try the less i succeed?
by lynnefisk on August 5th, 2011
| 1 person likes this
You're reading Consumer bankruptcies jump by 34%. Are we to believe that we are recovering from a depression?
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