USA in recession - will gaming be affected?

[starcraft]

Sqrl said:

libellule said:
For the moment, for me,

RECESSION Theory is BULLSHIT

....

but if it happens, yes PS3 will suffer.

^^ I'm with him. I've looked over this stuff too (admittedly not extensively) and all I see is a slowdown from ridiculous highs back to still above average economic activity. People just have a short memory for this stuff.

 

People also have to remember that the definition of a recession is pretty iffy.  It is technically two consecutive quarters of GDP contraction. 

So:

HUGE rise, small drop, small drop= a recession

but

small rise, HUGE drop, small rise= not a recession.

In that scenario the second option hurt much more, but technically wasn't a recession.