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Spellbound

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Re: Spellbound post# 4154

Tuesday, 05/05/2009 2:50:06 PM

Tuesday, May 05, 2009 2:50:06 PM

Post# of 4229
The Atlantic Monthly: Why This Crisis is a Depression, Not a Recession

Ref - http://correspondents.theatlantic.com/richard_posner/2009/05/the_developing_economic_situation_and_the_obama_administrations_response_february_2-may_1_2009.php

The most ominous depression phenomenon--significant deflation--cannot be ruled out.
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