Re: So, where's that RECESSION folks?


"Jerry Kraus" <jkraus_1999@xxxxxxxxx> wrote in message news:5bcd4e6f-e44a-4094-a23e-5aa988dae2c5@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
On Apr 30, 10:35 am, "JC" <dontbot...@xxxxxxxxxxxxxxx> wrote:
Economy expanded at a rate of .06%. Not great but not a RECESSION either. In
other words, all you doom wishers, close but no cigar. Oh well, there's
always another quarter to hope for.

The economy has collapsed by approximately 60% in real terms due to
the collapse of the U.S. dollar.

I repeat the question. The economists have settled on the definition as being two consecutive quarters of negative growth, so where is the RECESSION? I don't care about dancing with people that change steps with every beat of the music.


.

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