[stevem]

I believe a depression is a recession the government fixed.

[RWB Patriot]

LOL, I think you just invented a famous quote.

[ninonitti]

I believe a depression is a recession the government fixed

I've read that real growth began to slip in 2000 and has been propped up by cheap money since. What's gold done in that period? doubled or tripled?

Government has had plenty of warning and ignored it - they still think they can bring it in for a soft landing but without wings and wheels.

I think it's a good time to get friendly with local military commanders.

[mywholebodyisaweapon]

You are so right, stevem!

It’s going to be grim when many of our self-appointed economist fellow Freepers figure out that we CAN have both a depression and runaway inflation at the same time. I think it takes a really talented government to bring that result about, but then Bush, Paulson, Bernanke, and Obama are really talented guys.

[caver]

“I believe a depression is a recession the government fixed.”

You just found yourself a tagline.