Is it a Depression yet? part 2

Zelie

There's a clear difference between having a depressed economy and 'A Depression'.
It's the same difference between being depressed about something and being diagnosed with clinical depression. You need to be quite definite about which meaning is implied when the term is used - just because a commentator or poster uses the word 'depressed' or 'depression' it does not follow that they are using it in the technical sense!

Davesnave

the more people keep talking about it the deeper it will be and the harder it will be to get out of im fed up of people going on about doom and gloom

it wont be called moneysaving expert soon there will be nothing to spend

Hmmmmmm.................Pot, kettle, black?

thebaldwindowfitter

Davesnave wrote: »

Hmmmmmm.................Pot, kettle, black?

strange you didnt quote my whole post only the parts only the bits that suits

Masomnia

Zelie wrote: »

There's a clear difference between having a depressed economy and 'A Depression'.
It's the same difference between being depressed about something and being diagnosed with clinical depression. You need to be quite definite about which meaning is implied when the term is used - just because a commentator or poster uses the word 'depressed' or 'depression' it does not follow that they are using it in the technical sense!

The problem is though, that there isn't a technical sense. I think it's a bit of a pointless question, no offence.

Davesnave

a6windows wrote: »

strange you didnt quote my whole post only the parts only the bits that suits

All right, here's the whole thing again.....

the more people keep talking about it the deeper it will be and the harder it will be to get out of im fed up of people going on about doom and gloom .personally i dont buy a paper and avoid the news have done for years .chin up and get on with it i think these sort of posts should be banned off this site after all it wont be called moneysaving expert soon there will be nothing to spend

I agree with you that the recession/depression is partly fuelled by a lack of confidence, but that doesn't mean it will go away if we stop talking about it.
I hate to agree with GB, but it is global, so even if you had your way and MSE introduced censorship, it wouldn't make a scrap of difference.

Censorship never works. Rumours are often far more damaging than the plain, unvarnished truth. Furthermore, not all of us here see the kind of growth we've experienced in the last ten years as something worthy of being resurrected, so it's debatable whether this severe correction is as 'bad' as you suggest. A bit like the Fire of London, it's scary at the time, but good may come from it.

Chin up, by all means, but bury our heads in the sand? No.

chucky

mewbie wrote: »

You decide, I thought it was too close to call..

http://forums.moneysavingexpert.com/showthread.html?p=18326773#post18326773

i'm with you on this one - It's just like the kids in the back of the car. Is it a depression yet? Not yet. Is it a depression yet? Not yet. Is it a depression yet? Yes.

Silence.

Is it recovery now? Not yet. Is it recovery now? Not yet. Is it recovery now? NO. And if you don't shut up Uncle Fungus Fighter will be coming to stay.

Dead silence.

Really2

zarazara wrote: »

Isome were degrogatory and childish

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you know who you are.

I can only do one or the other at a time.

chucky

zarazara wrote: »

I recently asked this question on a thread on here. Although some replies were relevant and educational , thankyou peope, some were degrogatory and childish

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you know who you are.
Well it was a good question after all, at least the PM thinks it is a world Depression. So a pertinant post I think.
:j :beer:

So, given everyones expertese on here, how long do you think were all going to be in this situation? What will it be that takes us back to growth?
Discuss and enjoy.:rotfl:

have you tried https://www.askjeeves.co.uk?

Zelie

Masomnia wrote: »

The problem is though, that there isn't a technical sense. I think it's a bit of a pointless question, no offence.

While there might be no universally agreed definition of 'Depression', there seems to be general consensus on a number of points where it differs from a 'Recession'. So I wouldn't say it's pointless enquiring if we are in 'A Depression' as opposed to if we are in a depressed market. (FTR I think we are not yet though we may get there if things continue as they are).

wharty

A recession is when your neighbour loses his/her job, and a Depression is when you lose your job.
Iam in recession.........for now
I like that quote, but aint got a clue where i heard it.