Assuming that next year will automatically be better than the last is a bad idea. Read why in my new article at

History shows time and again that significant economic regress is possible. Unlike in America, economic relapse and distress have lasted for decades in many regions around the world, not just for the few months and years following a financial crisis.

Read the article at at, first published on January 7, 2014.

Published by Nick Freiling

Founder/CEO of PeopleFish. I write on technology, market research and economics. Bylines at Startup Grind, FEE, the American Enterprise Institute and the Mises Institute.