Friday, February 20, 2009

Article on "Is it Fair to Call This a Great Depression"?

Article on "Is it Fair to Call This a Great Depression"?

Sure - it isn't as bad as 1929 yet. But people weren't as well off in general then - even when times were good.

But relative to what people are "used to" -
the foreclosure crisis - the banking crisis - stock market declines -- more and more unemployed - I'd wager to say that this can be called a Great Depression - and if you don't think so yet -- you may change your mind this year.

By the way - this domain is for sale to the highest bidder - with a reserve price of $100,000 :-)

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