Quote:
Originally Posted by legion
We may well be. No one knows right now.
Even so, we would just be in the first quarter of GDP contraction--still not a recession.
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Maybe you need to get out in the real world a tad more often. So if a family can't pay it's bills or one of the members losses their job (it's now a given in our false economy that both members work) or one or both of them is forced to accept a lower paying job...they can simple dial up the "We have not had two quarters of GDP contraction" number and all will be made well again?
I guess it's how you look at any kind of an economic fallback...if it didn't affect me then it might not even had happened!