Random Feed wrote an interesting post today on
Here’s a quick excerpt
By: Mike Whitney Jul 04, 2009 There’s a big difference between inventory-driven recessions and credit-driven recessions. An inventory recession is caused by a mismatch between supply and demand. It’s the result of overcapacity and under-utilization which can only work itself out over time as inventories are pared back and demand builds. Credit-driven recessions are a different story altogether. They typically last twice as long as and can precipitate financial crises. The current recession i

Read the rest of this great post here