Guest Post by Doug Casey
International Man: Recently, the Biden administration tried to change the traditional definition of a recession which is “two consecutive quarters of decline in a country’s GDP.”
The new definition of a recession is more vague and is “a significant decline in economic activity that is spread across the economy and lasts more than a few months.”
What’s your take on this?
Doug Casey: Odd. It sounds like the definition of a depression, not a recession that I’ve used for years.
Continue reading “Doug Casey on Propaganda, Changing Language, and Thought Crimes”
