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LA, California, USA
Experience: Intermediate
Platform: NinjaTrader
Trading: CL,ES mainly
Posts: 520 since Sep 2011
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The risk of a new depression — a sustained, severe recession — has struck fear into the heart of markets and driven monetary policy in developed economies since the current financial crisis began.
News Headlines
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Close? We are already there! The real jobless rate in the US when you include people who have been out of work so long they no longer receive benefits is above 40%. That is worse than the depression of the 1930s.
Recession: Your neighbor loses his job.
Depression: You lose YOUR job.
Revolution: The government loses THEIR job!
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