Why the recession is not gonna be over anytime soon

[NJ5]

akuma587 said:

NJ5 said:
@akuma: According to you the economy is already recovering (we're in Q3 2009 already).

This is kind of just semantics.  I would say we are on the road to recovery and that recovery is in sight.  Once we start seeing positive GDP growth, we will be "recovering."

But you said:

"There is a decent chance you will see positive GDP growth in Q3 2009.  I will be simply amazed if you don't see positive GDP growth in Q4 2009."

So OK, you didn't say that the economy is for sure recovering, but you see it as a good bet. In 6 months, the year will already be over, so you're confident that in no more than 6 months the economy will be recovering for sure.