The Pretty Good Depression


the current economic downturn, which is declining quickly toward a depression. no breadlines yet, like in the -great- depression, but still, it is significant – let’s say -pretty good-
(in the year 2020)

joe history teacher: the pretty good depression started in late 2007 as wild speculation in the housing markets fueled by artificially suppressed and lax credit came to a crash, lasting until through 2011. unemployment didn’t reach great depression levels but did peak at over 15% in the united states.

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