We are in a Depression. Read on.

[TheCoolinator]

Originally Posted by Pentegarn

I'd post the "It's not my job to think for you" quote too, but I am getting tired and lazy about mocking you

Did you do anymore research on financial derivatives? and how many are them floating around? and have they caused the depression?

[Pentegarn]

Originally Posted by TheCoolinator

Did you do anymore research on financial derivatives? and how many are them floating around? and have they caused the depression?

No, because there is no depression right now, this is a recession.

The recession of the 70s lasted longer. It is called a recession

The recession of the early 80s lasted longer, it is also called a recession

The recession of the mid 90s (internet bubble anyone?) lasted this long... guess what? It was a recession.

If you are going to argue that this is a depression, then you had better cough up proof that those 3 examples are as well or I am forced to officially inform you you are full of shit