Category: the future

January 4, 2009

US in Depression

The Economist magazine has diagnosed that the US economy is in a depression , not a recession. While the throngs of journalists, publicists, politicians and other folks are loathe to confess that North America has entered the greatest recession on record, I commend the Economist for having the balls to finally show it like it is, even if they’re still very indirect about it. Now […]