Jan 05 2009
Is another Great Depression inevitable?
Found a fascinating article and video clip online today.
It seems that New York Times columnist Paul Krugman says that we are heading for another Great Depression - dubbed GD2.
Watch the clip and read for yourself. Krugman has several valid points but the gist is that no matter what the U.S. government does, they can’t stop us from sliding into another Great Depression.
So what do you think? Are we halfway through this rough patch called a recession or are we on the verge of something much, much worse - Great Depression 2?
