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take the world out of Depression
Gordon Brown appeared to acknowledge for the first time today that the world economy was heading for a 1930s-style “depression”.
Mr Brown stumbled slightly over his words at Commons question time, just a week after admitting that Britain was facing a “deep” recession.
and such like that has been admitted by the government already, a depression we are in, as Keynes said
worst crisis for a century
discussing the reality we see of such events out there in the real world, and their true starting points.
By the time you see the whites of the eyes of a Recession/Depression it's six months into it already
During question time Brown told David Cameron: "We should agree, as a world, on a monetary and fiscal stimulus that will take the world out of depression."
There is no precise, technical definition of a depression, but it is a severe form of recession, marked by a prolonged period of high unemployment, such as the world experienced in the 1930s.
On Monday, Treasury Financial Secretary Stephen Timms warned the country was "facing some of the harshest economic conditions for decades, perhaps for a century".
Originally posted by NoInfoAvailable
It is worse than simply a depression like in 1930s.
out of a depression
Originally posted by Wotan
I wouldnt take much notice of what ''Our Dear Leader'' Gordon Brown says .... he is a bumbling fool and very much yesterday's man .... his time is limited.
Originally posted by MCoG1980
Sorry i've been doing a bit of menatl word play:
seperation, industrialisation, education, intergration, legislation, civilization, liquidization, Congregation, domination
Originally posted by redhead57
It just amazes me that some people really cannot see what is coming.