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Recession to Depression

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coco pops | 13:41 Mon 06th Oct 2008 | Business & Finance
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When does recession change to depression. What is the difference.
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Avatar Image jno
old definition: recession is when your neighbour loses his home, depression is when you lose yours.
13:43 Mon 06th Oct 2008
Avatar Image jno
http://economics.about.com/cs/businesscycles/a /depressions.htm
13:44 Mon 06th Oct 2008

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Recession to Depression

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