Show I RECESS RECESSION lOX noo BOOM r DEPRESSION y v vit yIt It might mi be a n good i idea en to survoy survey survey sur sur- vey voy the prospective war post-war cycle cycle cyde cy cy- cle de of or business activity in or order ler to tois je is prepared to avert tn-ert the major de de- that will occur unless the are preventive measures j jn roper proper oper applied Upon the end of or the war durI dur- dur I ng ng the period of here may be bo something liI like e a a. re- re 1 but it is certain to be fol- fol owed by a boom as people attempt o o 0 make up for postponed spend- spend 11 n g. g I Financial exp experts estimate that individual liquid savings sayings at the end endt f t the war will amount to as muchas much as 19 and that un unused unused unused un- un used business savings sayings in the form of or corporation reserves will be I around I i As everyone many individuals individuals and corporations have put off oct buying because of necessity during the war period They will be he in inthe inthe inthe the market as ns soon as the war ends and the combined demand I will create a tremendous market I During the period of years in which these savings savin-ga and reserves I Iare expended the nation are will ex ex- penance something of or a boom When demands have hav I Ib b been en fulfilled and the savings savings-re serves expended a slump is able ablo unless proper planning pro buying power to keep the I wheels of commerce moving r rIt It Is naturally Impo impossible to estimate es es- tho the length of or the recession 1 during the conversion period or orthe orthe orthe the length of the boom which will I depend upon the speed with which individuals and business ss spend their accumulated surpluses Nevertheless s the basic facts fact of or 5 I our economic situation do not fore forecast i i cast ar ap great depression immediately lately t the end of the war but certainly after a n. delay lelay of some years the tho nation will be in danger of a tl grave economic crisis |