The D. word - Will the recession become something worse?
Above is an article that was on the news section of Yahoo. This is exactly what I have been telling my friends about. If you talk to a senior who lived through the depression they will tell you during the depression people did not know they were in a depression, they just knew times were hard. The depression wasn't called a depression until the late 1930's.
This article is something to pay attention to. The government will not tell you we are going through a depression because this would cause panic. Today the stock market is at it's lowest in over a decade, unemployment is skyrocketing and jobs are scare.
For an interesting perspective keep an eye out on the History Channel for a show called Crash. It compares the era before the depression and now. Very intereting.