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But for the denizens of mythical Mudville, it would mean untold travail of spirit - as well as a quick downturn in the local economy.
By keeping interest rates low and the supply of money flowing, the Fed has most investors feeling they have little reason to worry about a quick downturn in the economy.
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The quickest route to a downturn in that growth figure is consumers who rein in spending.
The culprit is not poor investment strategy, nor should people be quick to blame economic downturns or bad markets.
Mr. Cliggott, like several other fund managers and market strategists, assumes the onset of a sharp economic downturn and a quick, successful rescue effort by the Fed.
Economists were quick to explain away the downturn as a temporary blip, caused by February's freezing weather and the shutdown of shale gas rigs as a result of global oil prices plunging (they have since recovered some ground).
And the resulting recession might then look more like a pre-1980 dowithrn, with a quick recovery, than the post-1982 version, featuring a slow, jobless rebound.For the most part, this is the Fed's recovery.
Asian economies rebounded in the second quarter of 2009 as aggressive monetary and fiscal stimuli cushioned domestic demand and quick inventory adjustment eased the downturn in industrial production.
Here are five popular Web startups we've seen raising large amounts of money since the 2008 downturn, and a quick look at how they were able to do so.
They're ready for a downturn.
Investors are quicker to flee during a downturn, thus creating a glut of available housing stock.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com