[Porsche-O-Phile]

Technically not a recession (if you believe the reports, we haven't had 2 consecutive quarters of negative growth).

There are a lot of inherent problems with the economy though and it's going to take a LOOOOOOOOONG time for the poison to work its way out. This will certainly stunt things for a while, if it doesn't create a bona-fide "recession" by definition.

I predict about 3-4 more years of sluggish/uneasy growth before things start to meaningfully pick up again. Longer for some sectors (housing), shorter for others (healthcare, etc.)