I confess: I almost forgot the "Korean Conflict," and I inserted "Panic of '94". To my mind, the so-called Asia Crisis commenced that year. Some would say that dating is arbitrary, because it isn't supported by "technical analysis" of capital flows, i.e. securities' price signals. I say, "Patterns are discovered in retrospect. Yet excess surplus always preceeds panic." Not to mention, revision, for example:
Hart-Landesberg | Corzine
In any case, '94 was dead to NBER. Diversity is the key to economic and political evolution.
"Early 2000s recession" and "Late 2000s recession" were not recognized a/o April 2008. Diversity is the key to economic and political evolution.
