Comment

Comment by Less Prone on July 27, 2022 at 12:01pm

"Recession is a period of reduced economic activity." Merriam-Webster Dictionary

"In 1974, economist Julius Shiskin came up with a few rules of thumb to define a recession: The most popular was two consecutive quarters of declining GDP. A healthy economy expands over time, so two quarters in a row of contracting output suggests there are serious underlying problems, according to Shiskin. This definition of a recession became a common standard over the years." Forbes Advisor

"Recession is a term used to signify a slowdown in general economic activity. In macroeconomics, recessions are officially recognized after two consecutive quarters of negative GDP growth rates. In the U.S., they are declared by a committee of experts at the National Bureau of Economic Research (NBER)." Corporate Finance Institute

'Recessions' vs. 'Depressions' in the Economy

"A recession is a downtrend in the economy that can affect production and employment, and produce lower household income and spending. The effects of a depression are much more severe, characterized by widespread unemployment and major pauses in economic activity. Recessions can also be more localized, while depressions can have global reach." Merriam-Webster Dictionary

Why does the official definition differ from a common sense notion as said in the first definition by Merriam-Webster - a period of reduced economic activity. It's politics, and in politics they like to play with words, downplay the unpleasant news when government is to blame and turn everything upside down.

Satan's Final Empire: The New World Order

Their plan was published a long time ago. But will they succeed? I say they will fail miserably and end up being rope extensions. "What will happen to Israel in the future is not done in a vacuum. The whole Earth will be going through great changes during this Tribulation period. All of this is a culmination of Satan's evil plans for world government. "