Aug 012012

US is in depressionDo you think that the dismal economic situation you are in, is the aftereffect of the recession that ended in 2009? If you think so, then sadly, you are wrong. It may sound unusual at first, but it is the truth, because USA is going through an economic depression and not at aftereffect of recession.

This new nomenclature will help people to understand the gravity and the severity of the situation. It may create panic in people, but it is also true that this depression has no evident solution and the end is also not visible. So, you need to think about the problem with more seriousness.

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