Recession or Depression?

[turasultana]

Originally Posted by weatherboi

hi turasultana!!

i am wondering where you get your information about the economy's "new normal" standing. What would be a "new normal'?? I have searched and searched without any luck on this term related to the economy. Would you mind throwing me a link on this please??

I don't have a link. Just something I've heard said by the seniors where I work. And also I believe in relationship to spending /savings patterns overall going forward. I'll try to find some concrete examples of what I mean.

(I work in a huge bank/credit card company - we have town halls on this subject every couple weeks, so sometimes the jargon is by osmosis. :>)