Basically what the title says. The economy went into Recession in 2001 after the tech bubble burst in 2000, so could the crash of 87 been bad enough to trigger a recession in 88 or 89?
I don't think so. All the conditions were starting to be there, but it took the later oil price rise to slow glow enough for a very minor recession, but enough of one to sink Poppy Bush in '92