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Here Are 13 Signs That We’re Actually In A Depression Right Now
Gregory White
Business Insider
September 8, 2010
David Rosenberg has outlined, in his latest letter, the 13 reasons with this so-called recovery is actually a depression.
Rosenberg sums it up like this:
This is what a depression is all about — an economy that 33 months after a recession begins, with zero policy rates, a stuffed central bank sheet, and a 10% deficit-to-GDP ratio, is still in need of government help for its sustenance.
Gregory White
Business Insider
September 8, 2010
David Rosenberg has outlined, in his latest letter, the 13 reasons with this so-called recovery is actually a depression.
Rosenberg sums it up like this:
This is what a depression is all about — an economy that 33 months after a recession begins, with zero policy rates, a stuffed central bank sheet, and a 10% deficit-to-GDP ratio, is still in need of government help for its sustenance.
