it's beyond just our economy, worldwide it's slumping
they react to us...we react to them..they react to use reacting to them...they react to us reacting to them reacting to us
oh no, i've gone cross-eyed.
Honestly though...the term recession has morphed from what it used to be back when the textbooks from Econ 101 were made. Wars are supposed to stimulate the economy, history has proven that. But that only works when the money we spend isn't already in debt.
Our economy is plain and simply, run by banks. Who desire nothing more than to make money. Every dollar that is produced, is sold to the US for distribution at a debt. This country will never, ever be out of debt with our current Federal Reserve system, which is RUN by banks!
That's for another discussion..do the research, it's kinda disturbing if you ask me.
Just my .02