How long will the recovery last?
Holiday people, as we head into the new year, I’d like to get the pulse of Credit Writedowns readers on the state of the economy. Last night, I started a poll asking how long the recovery will last.
I am not sure whether the poll questions are readable in the feed or newsletter, but the answers range from “we are not in a recovery, silly” to “the recovery will last more than five years.”
To answer the poll, please go to the site and vote. Polling will last for the first two weeks of 2010. I am not simply asking for your opinion on a poll though; when I say I want to get your read of the economy, I am asking you to comment on this poll as to why you answered as you did. For example, if you think this is a multi-year recovery, tell me why you think the private debt problems aren’t a concern. If you think, we are not in recovery, tell me why you believe this despite the 2.2% increase in last quarter’s GDP.
Now, before you get all New Year’s crazy impulsive and make your selection and comment, please read some of the related posts at the bottom of this post. They give a little more color on what recovery and recession is and is not; they might change your selection.
Thank you in advance for your answers and comments!
Oh… I forgot. Happy New Year! Guten Rutsch. Feliz año nuevo.