If it's over 20 percent, it's a depression, and they can call it
whatever they want.
On Mon, Mar 23, 2009 at 1:16 AM, Lynda <lurine AT com-pair.net> wrote:
> Now, Marie, obviously you didn't get the memo. The rules have been changed
> again. Just like how you count unemployment, the rules on when it is a
> depression have changed! It is only 15 months since it was officially
> declared a recession. It was changed to over 18 months. We got too close
> to that, so they've changed it to over two years.