Why This Recession Seems Worse Than '70s and '80s

[sweeps]

If you think this recession is the worst since World War II, chances are you weren't born or working during the downturns of the 1970s and '80s, you're listening to President Obama too much or you're a white-collar worker in financial services.

Yahoo Finance article

[EEinNJ]

There's a joke that goes something like "It's a recession when my neighbor looses his job, it's a depression when I loose mine".

From my perspective this "greatest financial crisis since the Depression" is a hoax.

[kork13]

.....but it sure is giving people a whole lot of political capital to play with

[lebaggblu]

Oil and consumerism can't last forever

[CoreAssets]

It definitly it is. The world financial system is in a tailspin.

[creditcardfree]

Thanks for the article!