Thread: "Recession"
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the the is offline
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Join Date: Oct 2006
Location: Colorado, USA
Posts: 8,279
Quote:
Originally Posted by URY914 View Post
Do you know the what the work "recession" means? It doesn't sound like it.

"A period of general economic decline; specifically, a decline in GDP for two or more consecutive quarters."

DECLINE is the key work here. We have a SLOWING economy not a DECLINING economy.
How do you know we are not currently in a declining economy? Are you somehow able to know what this current quarter's numbers are going to be?
Old 01-17-2008, 12:51 PM
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