MODU
Atlas Star
Posts: 22,023
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« on: September 29, 2008, 09:41:40 PM » |
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At the moment, I would have to say no. We have yet to have a quarter of negative GDP, so no recession (which would have to happen before a depression), and we are currently having increased exports due to the cost of our products being more affordable by the outside world, even though the value of our dollar is rising. It is hard to say what the current 3 weeks will do to those figures, but I have to say no, we are not currently heading towards a depression.
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