Recession vs. Depression: What Is The Difference?
by John Kelly, Senior Research Editor at Dictionary.com Economics—as if understanding its facts and figures, number and statistics, and charts and graphs isn’t challenging enough. Economics also relies on some tough terms. No, we don’t just mean the more advanced argot of arbitrage or leveraged buyout. Even more familiar economic terms many of us encounter in the news (or, more frighteningly, feel in our pocketbooks), …