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Source link: http://blog.mises.org/7633/recession-or-depression/

Recession or Depression?

January 10, 2008 by

Many people are finally saying the R word: Recession. The fundamentals don’t look good. The externals are even scarier: dollar and stocks skidding, gold and other prices (particularly producer prices) rising. But what has tipped the psychological scales is the statistic no one has cared much about in many years: unemployment. FULL ARTICLE

{ 5 comments }

Central Bank Skeptic January 10, 2008 at 3:55 pm

Instead of doing something sensible like stopping the printing of currency and letting the markets sort out the depression in Real Estate, the US central bank has started a massive inflation printing and asked the other central banks in the world to print currency faster thus making the drop in value of the US currency less in relative terms.

Of course the other central banks had to do this to keep the lie of central banking in tact. Otherwise the citizenry might realize that they are having their wealth stolen from them and sent to the US.

Amazing that China, India and some other South-East Asian countries have bowed out of this fiasco. I guess they aren’t as dumb as we thought.;-!

anymatters January 10, 2008 at 6:31 pm

This world economy is like a Jaguar car suspension ;) , low growth in US is being absorbed by strong growth in Asia.

jamie February 16, 2008 at 4:11 pm

My name is Jamie Johnson and Im 25 years old. I have been living with depression for what seems to be a very long time. I am sick and tired of feeling this way, I dont even know what else to try. I am currently taking zoloft, an anti-depressant. It seems to be helping me a little but am still feeling down sometimes. I have been looking into alternative treatments, something to add on to what I am already doing. So now, with my therapy and medication..I also found out about certin stones that can help with mood and negative energy, I decided to try those as well. I now have been wearing my “healing bracelet”, as I like to call it for 2 weeks. I can honestly say I feel a little better, I actually think this thing is helping. I now have been recommending them to other girls in my weekly depression group, because if it can help me, maybe it could help you. Im not saying that there magic or should take the place of medication or therapy, but every little bit helps, if you know what I mean. I am just gratefull that I have started to feel a little better, because I get so sick of feeling down all the time. Also, it really sucks because it feels like now one understands. But if you want to look at the bracelets I will leave the link below, and I hope that they help you too. http://www.omri-corporate.com/customproshop.htm

Inquisitor February 16, 2008 at 5:31 pm

Equivocation, much?

Larry N. Martin February 16, 2008 at 6:15 pm

Too bad those bracelets can’t do much about an ECONOMIC depression, but maybe they’ll make you feel better until it’s over…

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