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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (434616)11/12/2008 2:57:23 PM
From: HPilot  Read Replies (1) | Respond to of 1574177
 
Technically not yet, but if we have another decline next quarter, even a very small one, then its a recession, and the recession would have started with the .3% decline.

With the Christmas season coming up, interest rates down, gas prices down, etc. I expect the economy may actually go up, not down. But after Obama is in we will have a depression.



To: TimF who wrote (434616)11/12/2008 3:17:15 PM
From: Road Walker  Respond to of 1574177
 
Technically not yet, but if we have another decline next quarter, even a very small one, then its a recession, and the recession would have started with the .3% decline.

The last recession wasn't "called" until about 6 months after it started. In fact if I remember right it was over by the time they revised the figures and called it a recession.

So we may be in a recession and not know it.


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