we have been heading into a recession since august 2007 - the fed has been trying to stave it off, but the damage to institutional trust has been immense (trust between banks, not trust between banks and ignorant J6P such as youself), all due to wall street's hiding of worthless nothing-down mortgages in with legitamate AAA assets, is finally starting the take its toll on liquidity and solvency.
wake up. sometimes a recession really is a recession.
the heads of the ratings services that allowed tranching of AAA securities should be lined up against the wall and shot as an example - they have poisoned the global economy and it may be fatal.
You’re the dolt if you don’t even know the definition of a recession... Idiot