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Banned
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Join Date: Mar 2010
Location: Mean Streets of New York
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May 18th, 2010, 05:07 PM
Quote:
Originally Posted by The Leader
You don't understand it because you can't even see when you contradict yourself. You can't even read!
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Quote:
A significant decline in activity spread across the economy,
lasting longer than a few months. It is visible in industrial production, employment, real income, and wholesale-retail trade.
Depression definition
A severe and prolonged recession characterized by inefficient economic productivity, high unemployment, and falling price levels.
http://dictionary.reference.com/browse/Recession
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Are we in a prolonged recession? If so (2008-2010) then we are officially in a Depression. Acknowledge reality. | |
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