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Re: shurtha2000 post# 420219

Wednesday, 08/03/2022 2:54:18 PM

Wednesday, August 03, 2022 2:54:18 PM

Post# of 575100
Ok, what's your definition of a recession, specifically, since you insist this is one?

There are metrics, number things, that go along with terms like recession, so what are yours?

For example, in October, 2009, the unemployment rate reached 10%, at which time there were over 3M home foreclosure filings and 25 bank failures, you know, stuff like that.

In July 2008, gas at the pump was recorded by AAA to be, on average $4.14 per gallon, which in today's dollars is $5.84

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