Is there supposed to be a depression?

@kylanie (1205)
United States
November 21, 2008 12:46am CST
I heard people talk like there is supposed to be a big depreession and it will be sooner then what people think and I was wondering what is youre opinion of it and when will it be?
3 responses
@suruchi86 (1873)
• India
22 Nov 08
Yes I also think that world is going towards great depression in which everybody would be affected.
1 person likes this
@stephcjh (32327)
• United States
21 Nov 08
I think we are already in depression. I think the economy will get much worse than what it is right now too though. I hope Obama can make some good changes for us and get us back on track.
1 person likes this
• India
21 Nov 08
Yes, it definitely seems so. Apart from the usual incomprehensive jargon of politicians on GDP and such, as a layman I think we all can feel it. Most everyday necessity items have become quite expensive and splurging on fancies is right now out of question. And then the crashing of stock markets worldwide and big corporations downsizing or shutting shop, it’s a grim situation out there.
1 person likes this