We Are Entering The Third Depression

~




Click to enlarge ...........................More on Rush here

Recessions are common; depressions are rare.

Neither the Long Depression of the 19th century nor the Great Depression of the 20th was an era of nonstop decline — on the contrary, both included periods when the economy grew. But these episodes of improvement were never enough to undo the damage from the initial slump, and were followed by relapses.

~