with the stock market tanking, will we go back into another "recession" ?

ringmastery

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:35 PM
Original message

with the stock market tanking, will we go back into another "recession" ?

Technically, according to economists, we were only in recession for 8 months back in 2001.

Could we go back into an "official" recession?

Printer Friendly | Permalink | | Top

boobooday

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:38 PM
Response to Original message

1. I'm still recessing

It ain't good.

http://www.wgoeshome.com

Printer Friendly | Permalink | | Top

Renew Deal

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:38 PM
Response to Original message

2. I believe you need negative growth for 2 consecutive quarters.

Edited on Thu Mar-11-04 11:43 PM by Bleachers7

I ma not sure if GDP is the number, but I think it is.

Printer Friendly | Permalink | | Top

SlavesandBulldozers

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:39 PM
Response to Original message

3. just when the economy

was the best it's been in 20 years too. Man, I'll have to put off my early retirement in the Caymans. Guess we're going to have to cut some more taxes.

Printer Friendly | Permalink | | Top

LiviaOlivia

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:39 PM
Response to Original message

4. Here in Oregon

it has been an offical recession for almost three years now.

Just what are they talking about?

Printer Friendly | Permalink | | Top

Career Prole

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:40 PM
Response to Original message

5. If we do...

...they'll play hell stickin' Clenis with the blame again!

Printer Friendly | Permalink | | Top

BEZARK

(96 posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:40 PM
Response to Original message

6. The Dubpression

. . . is what I call it.

Printer Friendly | Permalink | | Top

prodigal_green

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:49 PM
Response to Reply #6

7. New Official Moniker!

I love that and will start using it immediately:

Dubpression.

Printer Friendly | Permalink | | Top

Birthmark

(1000+ posts) Send PM | Profile | Ignore

Thu Mar-11-04 11:51 PM
Response to Reply #6

8. Oh, that is brilliant, Bezark!

I will steal that and use it copiously.

Printer Friendly | Permalink | | Top

newyawker99

(1000+ posts) Send PM | Profile | Ignore

Fri Mar-12-04 10:34 AM
Response to Reply #6

10. Hi BEZARK!!

Welcome to DU!! :toast:

Printer Friendly | Permalink | | Top

BEZARK

(96 posts) Send PM | Profile | Ignore

Fri Mar-12-04 07:29 PM
Response to Reply #10

11. Thanks

Interesting place. Much different from the boards I'm used to. But they are mostly filled with GOPers, so they're much more contentious.

Printer Friendly | Permalink | | Top

catzies

(1000+ posts) Send PM | Profile | Ignore

Fri Mar-12-04 07:48 PM
Response to Reply #6

12. Welcome to DU! You go straight into the glossary with that one!

:bounce:

Printer Friendly | Permalink | | Top

arewethereyet

(1000+ posts) Send PM | Profile | Ignore

Fri Mar-12-04 12:08 AM
Response to Original message

9. I doubt it. an adjustment has been brewing for months

and here it is. actually I'm glad because the market was getting a little inflated and needed to cool off a bit.

Printer Friendly | Permalink | | Top

DU AdBot (1000+ posts)

Fri May 03rd 2024, 06:26 PM
Response to Original message

Advertisements [?]

Top

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.