Ressession..

[#1]

According to S&P standard and poor. SA will not go into reccession but growth will slow down.

[#2]

Recession? Depression? What's the difference?

[#3]

same thing

[#4]

A recession is when your neighbor loses his job.
A depression is when you lose your job.

[#5]

Super. What did i do to you?

[SimonPB]

Depression is "a long-term economic state characterized by unemployment and low prices and low levels of trade and investment"

Ressession is two (or more) quarters of negative GDP growth.

[#7]

Thanx guys for clarity.

[Preston]

A recession is when your neighbor loses his job, arrive home early and find you in bed with his wife. A depression is when your wife finds out your activity from your neighbor.

[#9]

Ha!

[Maddog]

So we are in a depression then

[Preston]

No Maddog, super is in depression,we are in recession

[#12]

We are in trouble.

[Preston]

Why?

[#14]

Bloomberg is feeding bad news. Markets panicking.