/biz/ - Business & Finance

>>17664977

It absolutely was a recession and slow down that caused significant economic, political, and cultural changes at the time. A chart doesn't give any context or perspective. People recovered in the long run as the did from 08 but a lot got totally fucked and things really were different especially for regular working joe's who don't have cash to spend during the slowdown. Parts of the U.S. and the North of England have literally never recovered from the late 80s/early 90s slowdown.