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Amazon building an air hub..do you think they can make ups go down?
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<blockquote data-quote="Overpaid Union Thug" data-source="post: 3865286" data-attributes="member: 198"><p>The housing bubble alone would not cause a recession. Panic, as a result of convincing enough people to spend less money, can. When companies start to see the drastic dip in cash flow and makes cuts the recession that everyone feared has just been created. I remember listening to Dave Ramsey complain about this in 2008. He kept asking why the media kept claiming we were in a recession when, by definition, we weren't even halfway there yet. It was like they wanted a recession. Well, they got one.</p><p></p><p> It takes six months, by definition, of GDP loss to be considered a recession. It doesn't have to happen but when panic sets in after one month of GDP loss the stage is set. People need to just calm down and stop regurgitating premature fear.</p></blockquote><p></p>
[QUOTE="Overpaid Union Thug, post: 3865286, member: 198"] The housing bubble alone would not cause a recession. Panic, as a result of convincing enough people to spend less money, can. When companies start to see the drastic dip in cash flow and makes cuts the recession that everyone feared has just been created. I remember listening to Dave Ramsey complain about this in 2008. He kept asking why the media kept claiming we were in a recession when, by definition, we weren't even halfway there yet. It was like they wanted a recession. Well, they got one. It takes six months, by definition, of GDP loss to be considered a recession. It doesn't have to happen but when panic sets in after one month of GDP loss the stage is set. People need to just calm down and stop regurgitating premature fear. [/QUOTE]
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Amazon building an air hub..do you think they can make ups go down?
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