A depression is by definition 4 quarters of negative growth so...

  1. plough
    33,556 Posts.
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    21/01/09
    07:25
    Post #: 4711943
    A depression is by definition 4 quarters of negative growth so guess you will be right but will it be worse than the great depression I doubt it. That was not caused by a banking crisis although it ended up as one. THe depression of 1903 was caused by a banking crisis so was the one of 1895 maybe read some history before posting
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    lightbulb Created with Sketch.  Great analysis
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