I hate to wreck the party, which is a lot of fun, but I believe a "depression" is an outmoded word (which in turn replaced financial panic (as in the panic of 1837). A depression is, iirc, defined by two successive quarters of negative growth. The US had a recession; Canada hasn't had one (yet; let's cross our nostrils....)
Grampa Bill wrote: > [EMAIL PROTECTED] wrote: > > > A recession is when it happens to your neighbor. > > A depression is when it happens to you. [grin] > > =================================== > Grampa Bill comments: > Close but no banana. > When our neighbor is out of work it's an economic correction. > When you are out of work it's a recession. > When I am out of work it's a depression. > -- > ......nevertheless, "It was cruel and cunning, an act > of consummate evil." > Gordon B. Hinckley 10/7/2001 > Love y'all, > Grampa Bill in Savannah > > Check out my "General Authority Pages," the most comprehensive > source of information on the General Authorities available > anywhere(!!!) on my web site at: > http://personal.lig.bellsouth.net/lig/w/o/wol3 > Comments welcome. > > ///////////////////////////////////////////////////////////////////////////// > /// ZION LIST CHARTER: Please read it at /// > /// http://www.zionsbest.com/charter.html /// > ///////////////////////////////////////////////////////////////////////////// > -- Marc A. Schindler Spruce Grove, Alberta, Canada -- Gateway to the Boreal Parkland "The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark." --Michelangelo Buonarroti Note: This communication represents the informal personal views of the author solely; its contents do not necessarily reflect those of the author�s employer, nor those of any organization with which the author may be associated. ///////////////////////////////////////////////////////////////////////////// /// ZION LIST CHARTER: Please read it at /// /// http://www.zionsbest.com/charter.html /// ///////////////////////////////////////////////////////////////////////////// ==^================================================================ This email was sent to: [email protected] EASY UNSUBSCRIBE click here: http://topica.com/u/?aaP9AU.bWix1n Or send an email to: [EMAIL PROTECTED] T O P I C A -- Register now to manage your mail! http://www.topica.com/partner/tag02/register ==^================================================================
