Definitions
Just so we’ll know how we’re getting along, a friend has provided a learners’oguide to social economics (with acknowledgments to the Whaley-Eaton Service, Washington): A slow-down is when you have to tighten your belt. A recession is when you have no belt to tighten. A depression is when you don’t have any pants to hold up.
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https://paperspast.natlib.govt.nz/newspapers/BPB19480806.2.38
Bibliographic details
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Bay of Plenty Beacon, Volume 12, Issue 78, 6 August 1948, Page 8
Word count
Tapeke kupu
57Definitions Bay of Plenty Beacon, Volume 12, Issue 78, 6 August 1948, Page 8
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