Many of the economic indicators such as GDP and inventories are worse today than in the 1930's when the Segespar Finance SA Great Depression was at its zenith. Do you think we are really in another great depression and politicians are just lying to the American people?
Funny, I'm middle class in America buy Amoxil online and have 20 suits 1 cell phone and one flat screen tv. I guess clothing determines your class status, Ok just one pair of Prada men's shoes Ach Tax Payment and they amoxil hurt my feet!
A depression occurs when a recession lasts for an extended period (the average recession lasts a year) buy cheap ampicillin and causes huge adverse affects to Ampicillin online unemployment and GDP. Some define order viagra it as GDP declining 10% or more. On either level, we're not there buy ampicillin cheap yet.
Comments
A depression occurs when a recession lasts for an extended period (the average recession lasts a year) and causes huge adverse affects to unemployment and GDP. Some define it as GDP declining 10% or more. On either level, we're not there yet.References :
No were currently in a recession. A recession is when prices are increased to try to boost the economy, but a depression is when the economy fails and people suffer some are suffering but in a depression there's not even a enough money for people to get houses or for stores to even get food.were not in a depression. (Yet)References :
A Recession = 2 Negative Quarters of GDP Reports.
A Depression = A 10% Decline in GDP.References :
see no bs -
the word economic depression as used in the Great Depression is a so called " sample of one " . economics textbooks have no definition of depression . yes during the last depression stock prices went down by 25 % and 30 % unemployment and many other statistics are flung around to let us know that we are in a better shape now than then .
economics as we know it is barely a century old . it depends on samples and there is only a sample of one . and sample of one is no sample at all . how can you come to a conclusion unless you have 5 or more samples . see my point ?
if there is a World War III will US and Russia again fight Germany and Japan .. obviously not .. so you cannot trust a sample of one .
in 1930 the average American ( let alone the average Chinese ) was enormously poor . people had one good suit ate meat once a week . they went from being poor to being in poverty .
now we are all rich . i am lower middle class and in India and even i have 3 cell phones and 2 televisions and 3 suits .
so the average person is hurt much worse now as far as decline of standard of living goes .
people will not go to soup kitchens literally . they will buy less HDTV and no Blu Ray player . that is the modern depression and is as bad economically .
we are in a depression which will even in best case scenario be here for 24 more months and followed by a slow recovery for 5 to 15 more years for return to 2005 levels of prosperity .
depression , recession these are word games . it is as bad now as 1930 .
if you are asking will hundreds stand in line for soup kitchen .. no .. not possible .. is it a depression now .. very much soReferences : i am a lay economist
a recession occurs when a countries financial centers and industry have cash flow problems.
Depression occurs the bars close early.References : http://www.thetrueway.com