11/12 Global recession is here. -recession swami
\_ How do you define recession? Two quarters of negative GDP in a row?
\_ Recession is currently defined as a price drop in Google stock
of more than 10%
\_ All the signs are here. Barrel of oil price is very high,
oil demand is up. We're at the plateau of oil peak. This
will have domino effects on the economy, which is oil
driven. We're running out of the capacity to fuel our
needs for oil. Global recession is here. -recession swami
\_ you sound more like PEAK OIL SWAMI to me. |