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How would a Recession affect your LRH spending?
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<blockquote data-quote="epags" data-source="post: 2672763" data-attributes="member: 105138"><p>I must not have made myself clear: 'no change' mean 'no (0) cut in spending' as a choice in your survey.</p><p> And FWIW, a 'recession' is defined as "a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters" vs a depression - "In economics, a depression is commonly defined as an extreme recession that lasts three or more years or which leads to a decline in real gross domestic product (GDP) of at least 10%. in a given year. Depressions are relatively less frequent than milder recessions, and tend to be accompanied by high unemployment and low inflation."</p></blockquote><p></p>
[QUOTE="epags, post: 2672763, member: 105138"] I must not have made myself clear: 'no change' mean 'no (0) cut in spending' as a choice in your survey. And FWIW, a 'recession' is defined as "a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters" vs a depression - "In economics, a depression is commonly defined as an extreme recession that lasts three or more years or which leads to a decline in real gross domestic product (GDP) of at least 10%. in a given year. Depressions are relatively less frequent than milder recessions, and tend to be accompanied by high unemployment and low inflation." [/QUOTE]
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How would a Recession affect your LRH spending?
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