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Recessionwire’s Recession-End View on Portfolio.com

By the Editors ⋅ 11:30 am August 18, 2009 ⋅ Post a comment

dreamstime 7502864 150x150Portfolio.com, where two of us worked pre-Recessionwire, asked us to weigh in on all the assertions on the recession’s end. You can see our story there today:

The Recession is Over. But the Change is Not.

And here’s an excerpt:

If you really want to know if the downturn is done, try this: Turn off CNBC and unplug your WiFi. Look around and take stock of what you have. Chances are, you haven’t made many purchases in a while, and you probably have no plans to. The fridge is stocked because you don’t eat out as much as you once did. Instead of your regular summer vacations, maybe you took just one—and it was cheap, or it was a staycation, or you skipped it altogether this year. Maybe you’re looking around and having a David Byrne moment—This is not my beautiful house!—because you’re living with your parents again.

Read the rest here.

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