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General Moto | Off-Topic Posts
Is Recession A Self-Fulfilling Prophecy?
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[QUOTE="BadgerMan, post: 1320711, member: 21176"] Yesterday, CNN was reporting that we are “definitely in a recession and have been since the fourth quarter of last year”. I have always known the definition of a recession to be “two consecutive quarters of declining GDP” so when I listen to their reporting, I must conclude that we were in a recession for two quarters and did not know it because nobody bothered to check the GDP numbers. Give me a break! Point is, “recession” is a black and white economic metric and not the opinion of some (fake) blonde bimbo talking head on the Communist News Network. So why would CNN report this now? I guess at the end of the day, bad news sells more advertising. [/QUOTE]
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MX, SX & Off-Road Discussions
General Moto | Off-Topic Posts
Is Recession A Self-Fulfilling Prophecy?
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