Recession vs recovery?

[Route324]

The press is full of articles today like "UK now officially in recession"

Instead of all this doom & gloom talk about entering a major recession – what I'd be interested to hear more about is this - if this recession is going to be as bad as the early 90s one, then what lessons did we learn from the last recession (or others) - especially pointers to how the economy recovered and the opportunities that the recovery created?

[Maruchino]

I'm no expert, but this one looks very different to the early 90's. I'm not sure we've seen anything quite this global before, ever - quite where we go from here is a very good question.

[NoelWatson]

Route324 said:

if this recession is going to be as bad as the early 90s one

It will be far worse

[henna777]

It will be far worse
[/quote]

I agree, far worse, cash will be king