Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
Pops wrote:To clarify, we'll use this definition for purposes of the poll:
re·ces·sion
rəˈseSH(ə)n/
noun
1.
a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
MD wrote:Oil prices are down. That means we are IN a recession.
POD
Subjectivist wrote:Just out of curiousity, what kind of economy do you consider the current one to be Pops? By official numbers we might not have had two consequtive quarters in decline but if growth is weak and alternates with declines every few months it sure doesn't feel like a healthy economy.
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