Dafad
:
I think a recession is technically 2 straight quarters of negative GDP, and since Q4 was positive then I don’t think it can happen. Maybe an economic contraction, but wouldn’t spending be up just before? Foodstuffs, more liquidity in the economy with angbaos etc
tinymonster87 : Why so?
Dafad : I think a recession is technically 2 straight quarters of negative GDP, and since Q4 was positive then I don’t think it can happen. Maybe an economic contraction, but wouldn’t spending be up just before? Foodstuffs, more liquidity in the economy with angbaos etc