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	<title>Byung Kyu Park&#039;s Personal Website &#187; recession 2008</title>
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		<title>Recession is bad, but on the upside &#8230;</title>
		<link>http://bkpark.com/2009/09/27/recession-is-bad-but-on-the-upside/</link>
		<comments>http://bkpark.com/2009/09/27/recession-is-bad-but-on-the-upside/#comments</comments>
		<pubDate>Sun, 27 Sep 2009 15:45:27 +0000</pubDate>
		<dc:creator>bkpark</dc:creator>
				<category><![CDATA[economics]]></category>
		<category><![CDATA[infidelity]]></category>
		<category><![CDATA[marriages]]></category>
		<category><![CDATA[recession 2008]]></category>

		<guid isPermaLink="false">http://byungkyupark.com/?p=209</guid>
		<description><![CDATA[Apparently divorces and spousal infidelity is too expensive to continue in this economic climate. On second thought, I&#8217;m not sure if this is actually a good thing. Divorces are like market corrections. If it needs to happen, then the more quickly it happens (and is over), the better. The Great Depression wasn&#8217;t great because of [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.nowhampshire.com/2009/09/27/divorce-in-decline-cutting-the-knot-too-costly-for-some/">Apparently divorces and spousal infidelity is too expensive to continue in this economic climate</a>.</p>
<p>On second thought, I&#8217;m not sure if this is actually a good thing. Divorces are like market corrections. If it needs to happen, then the more quickly it happens (and is over), the better. The Great Depression wasn&#8217;t great because of the magnitude of the market correction, but because of its length, and the current recession is bigger for the fact that the necessary market correction, which would&#8217;ve burst the housing bubble, was delayed and delayed until the Fed couldn&#8217;t hold it back any more.</p>
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