How to postpone the beginning of the next recession
Editor's note: Ten years ago, in 1998, there was much frenzied talk of an imminent recession. In March of that year, the following article appeared in the very first issue of Market Leader. That the much-heralded recession didn't in fact materialise for another two years is powerful testimony to the new magazine's immediate influence on opinion formers. Foolishly, we forgot to re-print it in 2006.
There was the one that started in 1974 and there was the one that started in 1981 and there was the one that started in 1990 and there's been quite a lot of talk recently about the one that may or may not start in 1998.
What I thought you might find valuable is some actionable advice on how to keep this next recession at bay for a bit.