Much is being made in the media regarding a possible Economic Recession. If you read the Business Paper's, or Yahoo Finance, etc., you will notice that things in the business sector are not all rosy. Chances are that we are already in a "Economic Recession".
What is a recession? Here is wiki's definition.
Definition of Recession
In macroeconomics, a recession is a decline in any country's gross domestic product (GDP), or negative real economic growth, for two or more successive quarters of a year
My definition. The economic outlook has sucked for some time, but finally the guys at the top of the food chain or starting to hurt.
Read More