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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (260889)	4/7/2008 11:27:15 AM
From: c.hinton	Read Replies (1) \| Respond to of 281500

Yes,i think its a bad crisis and we are only at the beginning...... fairly low unemployment is a relative term.........what is note worthy is that not only has the employment trend turned ...but it has turned at a faster rate than expected. Re depression...i did go on to explain that economic depression is a vague term.....it being more a change in the state of mind of the consumer than a certain change in gdp and unemployment.