We are in a Depression. Read on.

[Pentegarn]

The thing that pisses me off is I have relatives that lived through the real depression and calling this slightly uncomfortable economy a depression is an insult to what they went through. If Coolie thinks this is a depression, he will be sorely lacking in coping skills should an actual depression happen.

Here's some facts for you Coolie:

In the last 2 years, I have not once had to migrate from state to state looking at sign after sign saying "No employment here, move along drifters"

I have not had to save bacon grease as a substitute for lard.

I have not had difficulty finding food at stores.

I have not waited in one bread line.

I could go on, but I hope you get the point. When these things all start becoming part of our daily lives, then you can talk to me about a depression.

[The Leader]

Originally Posted by Pentegarn

The thing that pisses me off is I have relatives that lived through the real depression. If Coolie thinks this is a depression, he will be sorely lacking in coping skills should an actual depression happen.

I also don't think that history is a strong suite of his either.

[Colonel Flagg]

Originally Posted by Pentegarn

The thing that pisses me off is I have relatives that lived through the real depression and calling this slightly uncomfortable economy a depression is an insult to what they went through. If Coolie thinks this is a depression, he will be sorely lacking in coping skills should an actual depression happen.

Here's some facts for you Coolie:

In the last 2 years, I have not once had to migrate from state to state looking at sign after sign saying "No employment here, move along drifters"

I have not had to save bacon grease as a substitute for lard.

I have not had difficulty finding food at stores.

I have not waited in one bread line.

I could go on, but I hope you get the point. When these things all start becoming part of our daily lives, then you can talk to me about a depression.

Someone else understands.

I wasn't going to bring it up, since he already thinks I'm a fool, but I remember 21% inflation, COLA's, gas rationing and a near 50% drop in the DOW from 1050+ to the mid 570's. And this was the '70's.

And that wasn't a depression. There the Dow lost nearly 90% of its value over a 2 1/2 year period. My Dad and my Mom's parents had many stories about that time period.

It's all a matter of perspective.