im just stating fact
the text book definition of a recession we do not meet the criteria of
Yes mate typically governments like to only claim recession after two negative 1/4s.
But, treasury can also claim there is a recession even without the official release of second 1/4erly figures, they hardly ever do that and usually hope for miracles before claiming such things like the R word.
but they have declared a recession.
hence why I was so damn happy to have taken the bet and was happy to allow the figures for the second consecutive 1/4 to come out before the payout, to confirm the 2 neg 1/4s, just to take any dispute off the table for you to reneg on.
I made that pretty clear.
I have studied business economics and have a degree in it, We did cover recessions extensively in that.
we are in a recession like it or not, treasurers dont just come out and say the R word unless they are damn sure.
After all the country was in lock down and heading quickly back into lock down, you cant do that to an economy and expect it not to fuck up the economy.
there arent many economists in this country if any that agree with what your saying about there being a shift instant recovery.
this might help you catch up a bit, and its not Alt media
