What is the difference between a recession and a depression? The depression word is being used a lot more in the news lately. I asked my buddies today and none of them actually knew. I remember my dad telling me about my grandfather storing tires and all kinds of stuff in his basement. Given the state of the economy I am wondering if I should starting storing things up like our grandparents used to. Should I start a garden to grow some food? The attached article helped me understand the difference a bit better.(BL)
http://economics.about.com/cs/businesscycles/a/depressions.htm
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