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:	post by SacreligionNLI at 2008-01-22 11:59:23

i do believe that's the same way the great depression started. things slipped a bit, everyone freaked out and said the economy was going down, everyone sold their stocks and every company's value on paper plummeted, and well, there you have it.

you can't really say it's a recession until it's been happening for a while...and even then, it's just an educated guess that people take as fact, and then the masses freak out and the economy suffers.

if you think about it, a recession can't happen until the media says it is and then the people and companies of a country react accordingly(usually in an idiotic, panicky way)

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