I’ve Seen Enough, the US is in Recession Now, Q&A on Why
by Mish Shedlock, Mish Talk: I’m tired of this nonsense that a recession might be coming. It’s here already. Recession Q&A Q: Doesn’t it take two consecutive quarters of negative GDP to start a recession? A: The NBER, the official arbiter of GDP, has no such requirement. Instead it looks at a variety of conditions. TRUTH […]
