I think this is a wonderful question.

What is this? I have heard the term, “The Great Recession.” I prefer what I have called, “The New Great Depression.” But I freely admit it doesn’t have much ring to it.

In any case, this is a good article. I recommend you read it.

James Pilant

In the hostel in Madison late one night a few of us were talking about the affairs of the day. I brought my reason for travelling-that is, documenting the depression in America. I was then asked “why do you think this is a depression?” I realized somewhat sheepishly that I have never publicly defended this point of view. So I will now. The availab … Read More

via Annabel’s Odyssey