Archive

Posts Tagged ‘Depression’

Are we in a Recession and/or a Depression?

October 18th, 2008 Neil Jesani No comments

This question is on every one’s mind these days; is whether or not the U.S. will sleep into a recession and further more in a depression. Technically, a recession is defined as two consecutive quarters of negative GDP growth. Surveying the current thinking among economists suggests that the potential for a recession lies somewhere between [...]