Is this the 'Great Recession' and how will we get out of it?

Filed under: Recession, Financial CrisisFound an interesting article from Reuters, noting that investors specializing in distressed debt and bankruptcy believe that our current recession will "last at least three years and possibly longer absent a revival in credit markets." Michael Psaros, managing partner at KPS Capital Partners told Reuters, "This is going to be a three- to four-year disaster," and used the term "Great Recession" when discussing the current crisis.Continue reading Is this the 'Great Recession' and how will we get out of it?Is this the 'Great Recession' and how will we get out of it? originally appeared on BloggingStocks on Thu, 12 Feb 2009 16:50:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments