The Greater Depression, Part 2
December 3, 2008
Recently I wrote about how every political and economic leader is desperately avoiding the “D” word in describing our current “difficulties,” which I call the “Greater Depression.”
Society is catching up with me. First my most recent issue of The New Republic arrived in my mail box with a black cover and the word Depression on it.
Now from Associated Press:
WASHINGTON – A top Chrysler executive warned Wednesday that a carmaker collapse could send the economy spiraling into a depression, while the United Auto Workers agreed to new concessions for their companies.
We got a fairly decent crop of apples this year. I hope it’s even better next year so we can sell them on street corners.