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BigmanPigman

(55,477 posts) Sun May 10, 2026, 04:28 AM 21 hrs ago

Are we in a Recession or a Depression? [View all]

I'm not an economist but what are the guidelines for determining our current economic status and our near future status? Does it even make a difference? Is it just a label these days? Is the tRump admin. able to dictate actual or false economic statistics?

17 replies

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Highlight:

Are we in a Recession or a Depression? [View all] BigmanPigman 21 hrs ago OP

It's hard to tell when a corrupt ananda 19 hrs ago #1

and the numbers Skittles 19 hrs ago #2

It can be very local and even down to an individual biophile 19 hrs ago #3

Even if it may technically 'only' a recession Dave Id 18 hrs ago #4

We still have economic growth edhopper 18 hrs ago #5

An oldie (from the '70s. Or maybe earlier.) 3_Limes 16 hrs ago #6

I think if the AI bubble pops, and the bottom drops out of the market, it'll all hit at once. Volaris 15 hrs ago #10

If I understand the "6 months" remark... Dave says 12 hrs ago #12

A two month decline in GDP is technically a recession questionseverything 6 hrs ago #15

K shaped economy Johonny 16 hrs ago #7

This Sympthsical 12 hrs ago #14

I call it a "deep funk" Redleg 16 hrs ago #8

No MichMan 16 hrs ago #9

The two situations have been decribed thus: A HERETIC I AM 15 hrs ago #11

I don't think we're in a recession yet Wednesdays 12 hrs ago #13

Neither ProfessorGAC 6 hrs ago #16

People I know burbling with joy about their 401Ks GenThePerservering 6 hrs ago #17