Could we have a depression in the next few years?
depression? possible, not (pretty same answer always.)
"like we've never seen?" no, not unless asteroid barrels out of sky , wipes out half of north america. it's easy prevent if have control on own currency. unlikely ever bad greece right now, example, since have not lost sovereignty on our currency.
ecri wrong (referring ericharchy's response above). ecri famously predicted recession on year ago, , proved wrong. in lame attempt save face keep claiming right , recession happening right in front of despite statistics saying other wise. they're wrong.
krugman wrong call depression. depression involves severe decline in gdp (as krugman knows). bringing in d-word our current state of positive anemic growth hype , nonsense.
with problems caused reccession being shuffled around stop gap measure think in next few years end depression likes of have never been seen ?
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