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3_Limes

(571 posts)
6. An oldie (from the '70s. Or maybe earlier.)
Sun May 10, 2026, 09:18 AM
Yesterday

A recession is when your neighbor is out of work. A depression is when you're out of work.


And - by definition, a recession is 6 consecutive months of decline in national economic output. So we're not there yet. At least technically.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Are we in a Recession or a Depression? [View all] BigmanPigman Yesterday OP
It's hard to tell when a corrupt ananda Yesterday #1
and the numbers Skittles Yesterday #2
It can be very local and even down to an individual biophile Yesterday #3
Even if it may technically 'only' a recession Dave Id Yesterday #4
We still have economic growth edhopper Yesterday #5
An oldie (from the '70s. Or maybe earlier.) 3_Limes Yesterday #6
I think if the AI bubble pops, and the bottom drops out of the market, it'll all hit at once. Volaris Yesterday #10
If I understand the "6 months" remark... Dave says 22 hrs ago #12
A two month decline in GDP is technically a recession questionseverything 16 hrs ago #15
K shaped economy Johonny Yesterday #7
This Sympthsical 22 hrs ago #14
I call it a "deep funk" Redleg Yesterday #8
No MichMan Yesterday #9
The two situations have been decribed thus: A HERETIC I AM Yesterday #11
I don't think we're in a recession yet Wednesdays 22 hrs ago #13
Neither ProfessorGAC 16 hrs ago #16
People I know burbling with joy about their 401Ks GenThePerservering 16 hrs ago #17
Latest Discussions»General Discussion»Are we in a Recession or ...»Reply #6