On regular basis we are now having discussion in Europe whether “something” is or is not recession. Inevitably, these discussions lead to conclusion that while we started talking about the aspects of that “something”, the discussion is really about “what is recession” rather that whether this particular something is a recession. In other words, the discussion we need to have is what constitutes a recession, rather then discussing the details of the economic situation.
Is it or isn’t it a recession?
Is it or isn’t it a recession?
Is it or isn’t it a recession?
On regular basis we are now having discussion in Europe whether “something” is or is not recession. Inevitably, these discussions lead to conclusion that while we started talking about the aspects of that “something”, the discussion is really about “what is recession” rather that whether this particular something is a recession. In other words, the discussion we need to have is what constitutes a recession, rather then discussing the details of the economic situation.