Are We Avoiding a Depression?

Perhaps the most common refrain heard with regard to our current economic situation, and why it won’t become a Depression, is that we as a nation have been proactive and aggressive in “managing” this period of economic weakness. This theory, more or less, has the following generalized (and summarized) structure: There has been rigorous research conducted on the …

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Are We In a Depression?

One of the questions that seems to be popular since the economic events of 2008 is whether we are in a Depression.  As such, for the next few posts I will be commenting on the topic. Here are two links that indicate that we are not in a Depression: http://seekingalpha.com/article/142831-great-depression-ii-it-s-not-even-close?source=email http://www.calculatedriskblog.com/2009/06/update-what-is-depression.html Yet, as indicated in this …

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Great Depression Stock Charts vs Our Current Period

I’m sure everyone has seen the various charts depicting the stock market during The Great Depression to that of our recent period. The comparisons that I have seen show a definite visual resemblance, and perhaps that is what is attracting such attention, as these charts have proven very popular. From my perspective, I think that any resemblance …

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