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FIXED STRUCTURES: One of three types of capital goods purchased with investment expenditures. Fixed structures include buildings, factories, and other capital goods that are essentially fixed to the ground. The other types of capital are equipment and inventories.
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RECESSION A phase of the business cycle characterized by a general period of declining economic activity. A recession is one of two basic business cycle phases. The other is expansion. The transition from recession to expansion is termed a trough and the transition from expansion to recession is termed a peak. The technical term for recession, which is generally used by economists and policy makers, is contraction.
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Mark Twain said "I wonder how much it would take to buy soap buble if there was only one in the world."
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"The more you praise and celebrate your life, the more there is in life to celebrate." -- Oprah Winfrey
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BOJ Bank of Japan
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