Quote:
Originally Posted by Porsche-O-Phile
Yea, so we're in a recession. Life goes on.
I don't know why the markets are so afraid of hearing "The 'R' Word" or heavens forbid, "The 'D' Word". They're just classifications of a broad economic picture.
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I'll give you a quick primer on how to differentiate between a recession and a depression.
You know you're in a recession when your neighbor loses his job. When you lose yours, it's a depression.