150 million dollars in Sept. For Americans to have that kind of discretionary money, is it an indication that:
A. The economic crisis is being overstated
B. America’s definition of an economic crisis is out of touch with reality
C. Obama supporter’s are wealthy and not affected by the economic crisis
D. People are giving sacrificially to Obama because they believe passionately in him

I also agree it is C and D. although some wealthy people have been affected, especially if they had a lot of money in the stock market

.

Looking it up on-line it stated that if the financial events go on for three or more quarters, etc. Yet, I still found it challenging to comprehend the difference between economic recession and depression. Sights I read sounded like “government” language.

Seeking more “regular citizen” language for comprehension. Any added examples for easier understanding is appreciated. Thanks.
.
.
When it shows to be "obvious" to citizens that environment of recession, or depression, is going on, why is it stated by the president at the time that the country is not in a recession, or depression ? Just to calm the citizens ?
.

I think this web site is user friendly….

http://economics.about.com/cs/businesscycles/a/depressions.htm

signs of economic depression brewing.

as the signs of economic depression continue what are you doing to prepare??

email: financial911@gmail.com

Duration : 0:6:15

Read the rest of this entry »

Technorati Tags: bubble, cnbc, Collapse, commodities, credit, crunch, Economic, food, inflation, interest, rates, rick, santelli, Stockmarket, subprime