"a recession is a pause in an otherwise healthy economy. A depression, on the other hand, is when the economy drops dead. There’s no point in putting on the wires or strapping on the inhaler, there has been too much brain damage already. The best you could hope to do is to keep the body alive. But it would be a vegetable. Better to let it go…quickly."
Depression II: The Horror
Posted by StingingNettle 362 days ago (http://www.dailyreckoning.com)
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