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ARE WE IN A DEPRESSION OR RECESSION?

January 8th, 2009 wktd
  • I BELIEVE WE ARE NOW IN THE START OF A MAJOR DEPRESSION. THE LAST DEPRESSION WAS IN 1939 AND GUESS WHO WAS IN CHARGE? AND HE STARTED WARS WITH 3 COUNTRIES FOR NO REASON, HE PUT FEAR IN THE PEOPLE. TO CONTROL THE PEOPLE. THE RICH GOT RICHER AND THE POOR GOT POORER. SEARCH

    1939 HITLER/BUSH

    VERY INTERESTING INDEED. ANY THOUGHTS OF YOURS AND WHAT YOU BELIEVE WHOULD BE GREATLY APPRECIATED. TY HUGS


  • uhhhh i wouldn't compare bush to Hitler that kind of hyperbole.


  • The last Depression was in 1929 (not 39) Calvin Coolidge (R) had been pres. (1921-1929) and was replaced by Hoover (R. 1929-1933) who was replaced by FDR (D) who finally pulled America out of it with Real Leadership.
    He then took on Prescott Bush's Friend and allie Adolf Hitler.


  • Some people agree with your first sentence. I'm still no the fence as to wether or not this will be a depression. I hope not.

    George Bush is not a Hitler.


  • We're in a really bad receccion, I wouldnt term it a depression just yet, because inflation isnt that bad, but it'll get there, give it another year and it will be in a major depression, as for now, I guess you could say its the beginning of a depression that will be much worse than that of 1939. However, any intellctual economist knew 1 or even 2 years ago there was going to be a depression, it was just a matter of time. Id reserve the term depression when inflation reaches something like 20%, then its obvious the recession has turned into a big problem. I have no idea whats its at now for that CPI, but I assume the prices have been kept relatively stable soley for those goods to avoid any major concern, while prices on everything else have risen dramatically.







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