Look at these graphs. This is a depression, not a recession.

[roamer65]

http://www.calculatedriskblog.com/2009/04/imf-global-synchronized-cliff-diving.html

See the graphs on the right.

[WannaJumpMyScooter]

1. I had a tropical depression once

went to Cancun and did not get laid.

[Tuesday Afternoon]

2. According to the little red "x" ...we are in Huge Trouble!

x( :shrug:

[northernlights]

10. what little red "x"?

ya lost me there...I don't see a little red "x" :shrug:

[girl gone mad]

3. The IMF report those graphs came from is eye-opening.

[roamer65]

5. I would bet it is.

The graphs are scary enough.

[roamer65]

4. That should work now.

[WannaJumpMyScooter]

6. so, why does our media keep repeating

the lie that China is doing just fine?

[barb162]

13. China doesn't report its economic figures as other nations.

It is suspected China has gone down to about 5% growth v. being in negative terrority like other countries.

[WannaJumpMyScooter]

14. But our media keeps saying

"China expects to grow by 7-10% in the next year"

heard it again this morning

[lostnotforgotten]

7. Many Of Us Have Been Following This For A Long Time - Smart Money Suggests That The US

Defaults on debt this fall.

If that occurs, then all bets are off; it only gets worse.

[ixion]

8. "Global Synchronized Cliff Diving"

I think that describes it pretty well... from a metaphorical standpoint.

[HughMoran]

9. You can see the beginnings of a flattening

If only the employment numbers would start to level off :(

[PassingFair]

11. The "flattening" will unflatten if they don't. n/t

[WannaJumpMyScooter]

15. Jobless recovery!

Love that term

[MiniMe]

12. Never mind, shows up in the preview