Whats happing to the economy?

Soldato
Joined
12 Jun 2005
Posts
5,361
Hi there,

I was wondering whether you could clear something up....

Basically, I keep hearing that a recession is coming, does that mean we are in the boom stage now? or are we in the recovery stage, if not, what stage are we in and what are the implications of said stage.

....when do the experts estimate the recession will happen?

With recession, what actually happens? people have less disposible incomes? (why is that?)

Thanks for any info....a link would be nice....but i dont want to have to read a 10k word essay.....just want the general jist.
 
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