» Obama’s Depression Alex Jones' Infowars: There's a war on for your mind!: As a result, Main Street is mired in protracted Depression. Economist David Rosenberg believes we’re in the “third inning” of hard times malaise.
Four occurred in the 19th century. Until now, the 1930s Great Depression was America’s last severe downturn, lasting a decade, punctuated by failed bounces.
America’s Greatest Depression began in late 2007. Rosenberg calls is a “modern-day” one similar to what Japan experienced for over two decades. It’s still ongoing, boding ill for US workers if America replicates Japan’s experience.
Depressions occur “once it becomes painfully obvious” that conditions don’t improve despite “repeated bouts of policy stimulus.”
Four occurred in the 19th century. Until now, the 1930s Great Depression was America’s last severe downturn, lasting a decade, punctuated by failed bounces.
America’s Greatest Depression began in late 2007. Rosenberg calls is a “modern-day” one similar to what Japan experienced for over two decades. It’s still ongoing, boding ill for US workers if America replicates Japan’s experience.
Depressions occur “once it becomes painfully obvious” that conditions don’t improve despite “repeated bouts of policy stimulus.”
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