The Wikipedia entry defining “Recession” has been updated 22 times in past 24 hours.
(media.greatawakening.win)
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Look at this one edit: "the two quarter rule gained popularity because of its simplicity with the public, media.... said [Goss] a Creighton University economist. But officially, the recession is only defined by.... National Bureau of Economic Research [NBER]"
My God what a load of shit. I went to university for Economics and this is utter tripe. We defined recession as per the NBER as TWO STRAIGHT Qs of ECONOMIC CONTRACTION in our Maceoeconomics classes, whatever other lipstick they want to put on this pig. They will redefine anything to save face now....
What is a woman? What is a recession??
Bunch of tossers. (edit: Note that the magnitude of contraction did NOT matter whatsoever... any economic contraction is enough to verify)