Jan 09
10
Depression Deception of 2009
Today, we are going to let you in on the best kept secret of 2009.
Psssst…we are in a depression, not a recession.
There probably are not too many people out there who would recognize what a depression even looks like, or how it is going to affect them either. I once asked my grandfather, Don Emerson about the depression of the 1930’s as he was born in 1917.
He said, “It was no different from yesterday except everything cost more and no one had any money to buy it.” At 94 years old he has lived a frugal and practical life because of what he learned during that time. And I have learned from his wisdom.
But do any of the rest of us recognize ‘the D word’ for what it really is?
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