SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (45258)8/26/2010 2:26:55 PM
From: tejek1 Recommendation  Respond to of 71588
 
For once I have to agree with you. Its true that the economy is not doing too well, but we are a long way from the Great Depression. Unless "depression" is being used as another word for "recession" or perhaps "non-mild recession", we aren't in a depression.

I agree but I also have to add the caveat that it depends on where you live. Where you and I live the recession was not very deep. However, in NV, NC, MI, CA, AZ and FL, it came close to a depression. But overall, on a national level, its not a depression.