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Depression

recession

My friend keeps calling it a depression. I tried correcting her its a recession. Whats the difference? Isn’t a depression worse?

Repossession

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How will a recession effect the average person?

Except for the rising gas prices and maybe the cost of milk I haven’t felt too “pinched”. I’ve read about the depression but am having a difficult time understanding what kind of impact a recession will have on my life. (I was a kid in the last recession but now have four kids [...]

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How does a recession and depression effect the possibility leasing a home?

A trusted financial adviser friend of ours says he and several of his colleagues expect the economy be in recession for at least another year and then possibly a depression for ten years. Given this scenario, would the price of leasing a home increase or decrease, and at which point?
So in a market slump is [...]

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How could Obama take us from a simple recession to a full fledged Depression?

Under President Bush we had a very manageable and easy to recover from recession. But Obama has taken us to a point of no return!Real Estate Professionals

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What’s the difference between a recession and a depression?

Recession is 2 quarters of loss? I know a depression is worse, but what exactly is the difference and does the US have a chance of expierencing one anytime soon?Repossession

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What is the difference between a recession and a depression?

What defines either? When do we know that we are in either a recession or a depression? What barometer is used?Rent Back Fast

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