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Red Flags Or False Alarm: Where’s The Recession?
- Thread starter Nobert
- Start date
Useless comment. The definition of recession itself is in an economy where the real GDP growth in two consecutive quarters is negative. Just a definition.
The last 10 times the US had 2 or more consecutive quarters of negative Real GDP growth, the economy was in a recession. It doesn't matter what those bald gray hair economists say on TV.
Useless comment. The definition of recession itself is in an economy where the real GDP growth in two consecutive quarters is negative. Just a definition.
The point is not in a definition. In Q2 1947 and Q3 1947 were two consecutive GDP negative quarters. Was it followed with a recession? No. The point is in high probability of forecasting a recession.
You think it increases under Trump or other conservatives? It would be equally bad as corporates and lobbyists would exercise total control.
Working class depression, by a gov't that enriches its donors at the publics expense.
Workers disposable income will never increase under this commie Biden regime.
You created a controversy where there is none. I never claimed recessions are a reliable indicator of worse to come.
The point is not in a definition. In Q2 1947 and Q3 1947 were two consecutive GDP negative quarters. Was it followed with a recession? No. The point is in high probability of forecasting a recession.
There has been an agreed upon definition for recession decades.
Anyone not using it should not be trusted.
Depression is the term with no solid definition.
Anyone not using it should not be trusted.
Depression is the term with no solid definition.
Did you not fuxxing read? The definition was presented right before your eyes twice. Pay attention...
How can there be a recession when 500K are being added? Only when it turns negative can there be a real recession.
The travel companies are still booming and with China coming back online soon a recession seems unlikely. That probably explains the rise in stocks since October.