This was the clearest discussion of the economy I have come across so far.
http://www.csis.org/index.php?option=com_csis_pubs&task=view&id=4299
http://www.csis.org/index.php?option=com_csis_pubs&task=view&id=4299
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Recession? Let's ask the experts...
- Thread starter raptor10
- Start date
bsubdevils
New Member
Very good article. Finally an article not flying off the handle without the real information.
The thing to remember is that in purely economic lingo a recession is any time the economy declines two quarters in a row. This can be as little as a .000000000000[repeating]1% decline, it's still a recession if it happens two quarters in a row. I really think that people scare WAY too easily when they hear the word "recession". It's one of those buzz words that carries a very large negative connotation.
I'm not saying we're not in for some trouble and this current possible recession isn't something to worry about. Nonetheless, good find. Nice article to read, taking one of the problems and actually addressing it with an economic solution that [shock] ACTUALLY MAKES SENSE without using buzz words or making rash generalizations and statements.
[i've been taking too many economics courses...help]
The thing to remember is that in purely economic lingo a recession is any time the economy declines two quarters in a row. This can be as little as a .000000000000[repeating]1% decline, it's still a recession if it happens two quarters in a row. I really think that people scare WAY too easily when they hear the word "recession". It's one of those buzz words that carries a very large negative connotation.
I'm not saying we're not in for some trouble and this current possible recession isn't something to worry about. Nonetheless, good find. Nice article to read, taking one of the problems and actually addressing it with an economic solution that [shock] ACTUALLY MAKES SENSE without using buzz words or making rash generalizations and statements.
[i've been taking too many economics courses...help]
SailingSkyHawk
Observer
Reps, good find. CSIS always offers clear headed analysis.