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ATOMThe difference between a mild recession and a deep recession
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For the entrepreneur - will coming out of this recession be the same as the last five recessions? The answer very clearly is NO.
Let's explore the difference between a mild recession and a very deep one. Only four times in the last 80 years have the markets fallen by more than 50%; 1929/30, 1937/38, 1973/74 and now this one 2008/09.
This means that all the previous recessions dating back to 1973/74 could be classified as ‘mild' against this big one.
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