DKII on 07 October 2008
| kitler53 said: so umm...iceland could go bankrupt?!? holy crap... and to think, only a few weeks ago president bush was telling us about how we aren't in a recession - just a slow down. source: http://ap.google.com/article/ALeqM5hJdb2RwrEg_X8yNRHcVvn_OE9vKwD93LRO8O1 |
Recession is a technical term that means the GDP is shrinking, and ours is not, so technically we are not in a real recession. Not yet, anyway.
