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So what do you suggest? Beat up foreigners? Collapse the economy?

You didn't answer my question, what is your source that a recession runs from GDP peak to peak? This is nonsense. https://www.google.co.uk/?gws_rd=ssl#q=definition+of+recession 1.a period of temporary economic decline during which trade and industrial activity are reduced, generally identified...

Whats your source for this claim? A recession is 2 consecutive quarters of negative growth minimum, the recession ends when a positive quarter appears.

The need for financial transfers are supposed to be for countries that are i the single currency, we are not. We shouldn't be part of this BS fine or rebate.