Do you believe our Country is in Recession or is about to be in Recession?
by 
Singingismystyle
ANSWERS: 8
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It has been in recession for at least 1 year,and is heading towards a mild depression,not like the one in the 1930's.All the bookmarks that indicate a recession is already here,weakened dollar,slow economy,housing crisis,etc.
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Yours may be. Mine is not, yet.
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Probably just an economic slowdown or a mild recession, but not necessarily a full-blown recession. "The International Monetary Fund (IMF) has said that the world economy will grow much more slowly in the next two years as a result of the credit crunch. In its latest economic forecast, the IMF says that world economic growth will slow to 3.7% in 2008 and 2009, 1.25% lower than growth in 2007. The downturn will be led by the US, which the IMF believes will go into a "mild recession" this year." http://news.bbc.co.uk/2/hi/business/7338326.stm
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been in one for over a year' just no one wants to admit it ! if they do everyone will stop spending an sit on there money'
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Which country do you mean?
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dont know about your country, but england is certainly :(
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It's not going to get better for a while since the current administration sure sabotaged the economy. It will be a while before we get out of the current rut that we're in.
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"our country"? You know, not everybody here are from the US. However, the way I see it, without being an expert at all, the American economy is VERY much in recession. It's not necessarily a bad thing though, it's only natural for a country's economy to go up down
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