Will America suffer an economic recession by the end of march?

Isn't it already?

I believe we are already in what will ultimately be defined, in hindsight, as a recession in several months. However, the settlement rules for this question do not clearly indicate an official determining source for settlement. For example, a specific government report. While we may already be in a recession it will not become official until a credible source can demonstrate two consecutive quarters of negative growth. This is a great question that simply requires more clarity in its settlement details.

When the U.S. government states that the country has entered a recession. For example comments from Bernanke or Bush.

Keep betting that we are in a recession. My odds keep getting better. Yeeee haaaa!

Scary mary, doctor, tickle and markov have it all nailed. We are in a recession now. Are stock prices escalating or recessioning?..Are home prices rising or falling?...Is the price of oil rising, (that drags money out of the country) or falling...(that keeps the spend within our local National partners...especially Canada, the country from which we import the bulk of our oil.) The middle east is third on the import list. That is pretty surprising. South America is second.

You should take my name off of your heralded list. I was making a point to the contrary - which makes my odds better when I wager a "no".

A recession is defined as two quarters of negative growth. We haven't even had a single quarter of negative growth yet. There's no way we can have a recession declared by the end of the month.

http://biz.yahoo.com/rb/080320/usa_economy.html?.v=1

We are in the early stages of a recession and the Bush Administration and Bernanke know it as well as most of us "realistic" people know ... The issue I have however with this question is, The Gov "Bush, Bernanke, etc." must say it in order for this question to be won as a YES ... So my problem is, even though we all know we are in a recession, the Gov will NOT admit it! They are doing everything they can to smooth it over, cover it up, all the way to a constant flow of "a recession is possible" or my favorite "we may be on the verge of slipping into a recession." That's like having a semi truck coming at you at 80mph just 15 feet from where you are standing and telling the people around you "We may possibly be hit soon." Idiots! We are getting hit right now, they know it full well and I agree with "markov" they will admit some months down the road that we've been in a recession since last month AT LEAST!

lucidstates

Kind sir, I drive a truck and the thought of 80 mph scares me.

The Admin. is trying as hard as they can to stuff their fingers in the dyke until the Democrats take the White House, if the econ. falls apart then they can blame the Dems.

Kind of like Clinton did. Hmmmmm.

Well anyway, I won this bet. Bwah ha ha ha ha ha ha ha!

JESUS! how did i miss this market??? started at 60, went as high as 90%+!!! i couldve milked the crap out of this one!

kinda surprised it didnt get voided for its starting odds.