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my2cents

What is the definition of recession?

Posted - July 29, 2022
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Responses


  • 7404
      July 29, 2022 9:59 AM MDT
    3

  • 34251
    Never.
      July 30, 2022 6:32 AM MDT
    1

  • 7404
    Lol :p 
      August 2, 2022 5:07 AM MDT
    1

  • 16763
    In Australia, it's two consecutive quarters where the economy contracts. Minimal growth is not recession.
      July 29, 2022 10:35 PM MDT
    1

  • 34251
    That is the definition everywhere.  But the Biden administration is in denial claiming it is not. 
      July 30, 2022 6:32 AM MDT
    0