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Since we are almost in a recession by imrambi2008-03-20 11:48:51
  It's not a recession, it's just prices going up by murphoid 2008-03-20 12:05:36
and up fast. When the price of gas goes up the price of everything goes up, because if you got it a truck got it to you. Also the price of flour is through the roof because of ethanol plus the fact of higher delivery costs.

The market is fairly strong and unemployment is not going up so it is not by definition a recession.
[ Reply ]
    Keep telling yourself that. (n/t) by Didactylos2008-03-20 12:08:29
      Where's the contraction of the US economy? by CynicalRyan2008-03-20 12:20:36
        What areas is it expanding in though? by subbywan2008-03-20 12:44:52
          Expansion is irrelevant for a discussion by CynicalRyan2008-03-20 12:48:10
            Um, how is expansion irrelevant? by merlin2008-03-20 12:49:23
              in general, because expansion is evidence by subbywan2008-03-20 12:52:39
                Exactly. by CynicalRyan2008-03-20 12:59:19
                  No, but you CAN have lying about the expansion. by subbywan2008-03-20 13:00:25
                    A detailed post for that is by CynicalRyan2008-03-20 13:09:05
                      already replied (n/t) by subbywan2008-03-20 13:17:03
                        ditto. ;) (n/t) by CynicalRyan2008-03-20 13:20:38
            It may be relevant. by subbywan2008-03-20 12:51:45
              In that case, yes. by CynicalRyan2008-03-20 13:07:49
                Therein lies the trouble. by subbywan2008-03-20 13:16:43
                  Of course. by CynicalRyan2008-03-20 13:20:08
                    It all depends on where they get their source data by subbywan2008-03-20 13:22:46
                      Could just mean, that everybody uses the same by CynicalRyan2008-03-20 13:40:58
                        Yeah, but they're also French :P by subbywan2008-03-20 13:46:00
                          As if the French loved the States. :P by CynicalRyan2008-03-20 14:06:28
                            The US is seen as a entity in and of itself by subbywan2008-03-20 14:10:18
                              Elaborate, please, with short words, if you can. by CynicalRyan2008-03-20 14:12:42
                                Economically, the EU operates as a whole by subbywan2008-03-20 14:23:41
                                This is not quite true, I think. by CynicalRyan2008-03-20 14:35:56
                                The member states can be very diverse, but by subbywan2008-03-20 14:46:08
                                Of course the US can do so. by CynicalRyan2008-03-20 14:49:14
                                Even national security is tempered by subbywan2008-03-20 15:03:04
                                Not all EU members are Schengen members. by CynicalRyan2008-03-20 15:07:42
                                Yes, but the analogy holds. by subbywan2008-03-20 15:09:31
                                My point: by CynicalRyan2008-03-20 15:21:46
                                yes, you're talking past me :P by subbywan2008-03-20 15:32:36
                                Well, I said that my perspective can be skewed. by CynicalRyan2008-03-20 15:36:15
                                Actually, there are some aspects the US would do by subbywan2008-03-20 15:38:49
                                Works both ways. (n/t) by CynicalRyan2008-03-20 15:52:04
    Price of flour's also up because wheat prices are by toysbfun2008-03-20 12:09:35
      As murphoid said: because of the ethanol by UnFair2008-03-20 13:21:00
    Actually unemployment numbers are up by DesertRat662008-03-20 12:14:36
      Yup my bad, just saw this by murphoid2008-03-20 12:50:09
    Do you know the technical definition by merlin2008-03-20 12:20:47
      OECD growth forecast is at 0%. by CynicalRyan2008-03-20 12:25:58
        And as I pointed out in another post, by merlin2008-03-20 12:31:27
          Ah, forecasts. by Didactylos2008-03-20 12:34:59
            Huh? Where did I ever mention forecasts? by merlin2008-03-20 12:36:42
              CynicalRyan was going on about them. by Didactylos2008-03-20 12:41:44
                Then provide proof that they aren't relevant. (n/t by CynicalRyan2008-03-20 12:43:30
          The simplest definition of recession by CynicalRyan2008-03-20 12:42:53
            Here's the official definition, from the NBER by merlin2008-03-20 12:46:52
              Close, but not quite: by CynicalRyan2008-03-20 12:58:06
      Well sorry Mr. CAPS (n/t) by murphoid2008-03-20 12:50:50
        My only point is that if you are going to make a by merlin2008-03-20 12:54:39
    LOL, ask a few economists, the majority are saying by intrinsic2008-03-20 17:55:47

 

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