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Old 01-18-2008, 01:20 PM   #21
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"I thought a recession was defined as two consecutive quarters of negative real GDP, which we haven't had yet. Nearly everyone fears one but very few are actually predicting one."

Which is why I can't figure the 'doom and gloom' mindset. No recession yet.
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Old 01-18-2008, 01:45 PM   #22
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Originally Posted by rmark View Post
"I thought a recession was defined as two consecutive quarters of negative real GDP, which we haven't had yet. Nearly everyone fears one but very few are actually predicting one."

Which is why I can't figure the 'doom and gloom' mindset. No recession yet.
Politics is my guess. If I explained more than that I would violate my personal restriction against remaining politically neutral on this board.

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