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Originally Posted by breadcatcher101
President Truman was once asked what the difference was between a recession and a depression.
He said a recession was when your neighbor lost his job and a depression was when you lost yours.
Makes a lot of sense when you think about it.
I would say things would have to get twice as bad as now with unemployment around 20% and the Dow around 5000.
It is bad now but I remember worse times.
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What you said is very uplifting and thank you very much for your well thought out reply
God bless.