View Full Version : Depression?
03-23-2005, 06:04 PM
Um you want to call our economy a depression?
The GDP fell 33% from august 1929 to march 1933 and the closest we've come since then is 4.5% decline in the mid 70's
03-23-2005, 08:13 PM
You misunderstand. "You say recession, I say depression..." was a reference to pretty political euphemisms. The reason the Depression was called the Depression (and was only known as The Great Depression when it wouldn't stop) was because economists and politicians didn't want to panic the population by calling it a recession, since the country had been hit by several recessions since the Civil War and people were sensitive about it. The only difference between a recession and a depression is that there is no difference. That's what I meant. It's just political sleight of euphemism.
03-24-2005, 05:10 PM
Ok yeah I see what your saying. But we're not even in a recession anymore. GDP has been climing for the past year or so.
03-24-2005, 07:49 PM
Ummm... Steven didn't say we were in a recession, either.
01-10-2011, 10:01 AM
Seems to me that the world economy can be viewed as acting as a thermodynamic system... but "bubble" speak doesn't quite capture it... the model is more like a container who's volume has suddenly been doubled by removing a wall (money and other liquid assets playing the role of atoms of gas).
Which is rather appropriate, since one only has to look at Germany and their recent problems with integrating their two halves to glean what's been going on (and will continue to do so) on a global scale.
Unfortunately, in the short run it's a zero sum game... but things perhaps will even themselves out and pick up in a hundred or so years. :frown: :biggrin:
And actually, in this case this is good advice...
Laugh it off.
Counseling Kelowna (http://www.drkuelker.com)
... since there's nothing the average person can do about any of it.
We were "sold down the river" long ago... and we're all partially to blame for it anyway.
01-20-2011, 03:06 PM
One thing I found that really helps is claming your mind. Just listening to chants or music w/out vocals brings stillness to the mind. It doesn't cheer you up, but it does take you away from your current thought pattern. Sometimes all you can do is baby steps.
Couples Therapy Kelowna (http://www.drkuelker.com)
71886 Yes, yes, yes!
Dr. Kuelker, I agree completely with your findings... we must get together and compare notes on regression therapy some day. :biggrin:
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