Comments on: Working Backwards: What’s a Recession?

By: Dude, Where's My Recession? | The Wisdom Journal

Dude, Where's My Recession? | The Wisdom Journal — Thu, 01 May 2008 20:10:09 +0000

[...] at a rate of 0.6 percent. Anemic? Yes. Recession? No. Remember that a recession is defined as back to back quarters of negative GDP growth. So far that hasn’t happened, so the earliest we could know for sure that we’re [...]

By: » Recession Watch 2008 Uncommon Cents: (Hopefully) simple personal finance

» Recession Watch 2008 Uncommon Cents: (Hopefully) simple personal finance — Wed, 12 Mar 2008 21:48:40 +0000

[...] Watch 2008 Posted in March 12th, 2008 by admin in Economy, Taxes As I said earlier, the definition of a recession is two consecutive quarters of negative gross domestic product. Fourth quarter 2007 data indicated an anemic–yet positive–growth rate of 0.6 percent, [...]

By: 17 Economists on recessions, stimulation plans, and what they might mean to you | On Financial Success

Wed, 20 Feb 2008 07:30:02 +0000

[...] answers before offering their own solutions. Some bloggers, however, are openly skeptical about a recession, stimulus, or government intervention. And now, the Canadian bloggers are even joining in the [...]

By: » Still Not a Recession Uncommon Cents: (Hopefully) simple personal finance

» Still Not a Recession Uncommon Cents: (Hopefully) simple personal finance — Sat, 02 Feb 2008 18:41:57 +0000

[...] it is possible it will be revised downward into negative territory at some point). If we go back to our previous discussion on the definition of a recession, two consecutive quarters of negative GDP meet the criteria for a [...]

By: puaimanao

puaimanao — Thu, 24 Jan 2008 08:18:08 +0000

drats; I wanted to reply to this post, but somehow ended up clicking on another post and writing my response there (rubgrumgrumblemmumble) Admin, if you can move it, I would be grateful.

By: admin

admin — Thu, 24 Jan 2008 07:04:38 +0000

Ron,

You’re welcome. I hope that it helps some folks to learn what a recession actually is…
-
Ryan

By: Ron@TheWisdomJournal

Ron@TheWisdomJournal — Thu, 24 Jan 2008 00:36:51 +0000

Thank you for posting this. I get so weary of people predicting the doom and gloom. No one knows what a recession is, just that everyone is talking about it. By the media constantly harping on it, they get everyone on edge, thinking it’s inevitable.

Good post. Putting it in such clear and understandable terms is valuable to everyone.

Ron@TheWisdomJournal