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Thread: BBC recession tracker.. quite asy to understand

  1. 03-08-2009, 04:38 PM #1
    Zak33
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    BBC recession tracker.. quite asy to understand

    Hi guys,

    Gross Domestic Produce (ie how much we as a country make and sell) needs to keep growing ... if it stops and then goes backwards for 2 quarter-years (ie 6 months), it's recession.

    It looks like this
    http://news.bbc.co.uk/1/hi/business/7789844.stm



    easy to see for people who don't fully follow the basics.

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  2. 03-08-2009, 04:58 PM #2
    Disturbedguy
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    Re: BBC recession tracker.. quite asy to understand

    So basically its been dropping for a while and no one did anything about it..
    Oh wait but we already knew that.
    Quote Originally Posted by TAKTAK View Post
    It didn't fall off, it merely became insufficient at it's purpose and got a bit droopy...
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