Quote:
Originally Posted by theking
It has been a recession...not a depression...and I have never saw a report that stated in any quarter that we have suffered zero growth...but maybe I missed it.
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Certain statistics are manipulated by whatever administration is in power. For instance, I believe in 2008, they no longer reported M3(money supply). Now yes, technically speaking(as in GDP growth), we're not in a depression. But when you factor in everything I've already stated, plus the fact that the growth comes from stimulus plans and companies restocking inventory, you get a depression.