Quote:
Originally Posted by Texpat  It will probably slip into a recession next qtr.
Nature of the beast. No surprises. |
We don't need to go into the standard definition, sometimes.
As you know, recessions are cyclical, and there have been 10 of them since WWII.
I think this recession (if it happens by "definition") will be longer and deeper than most.
The USA has bounced back before by adapting, and changing. It might be able to do this, this time, but there are also some very disturbing
mathematical trends that the nation cannot change.