Originally Posted by
climb150
I have seen the 1991, 2001, 2008 recession and now CoVID. (See a 10 year pattern?)
Life isn't fair so you have to stack the deck in your favour somehow. Letting people go is just part of business.
This has been broadcast as every ten years.
2001-1991 = 10 years
2008-2001 = 7 years
2020-2008 = 12 years
So, an average of 10 years, but a lot of variability.
Agreed about your last 2 sentences. Protect yourself at all times. Always have a plan B.