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The Grave Depression
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"The Grave Depression" coined by David W. Harwood (2009) is the greatest recession the world has seen since "The Great Depression"[] of 1929 to the late 1930's, early 1940's. "The Grave Depression" varies among nations but its affects are clearly seen in America today due to the fact that major corporations in America are out-sourcing jobs, giving the illusion that jobs are created when in fact these corporations are preventing America and its people from producing any kind of export or domestic goods like it once has. "The Grave Depression" started in about December 2007 and continues on through 2010. Sources: http://sanfrancisco.bizjournals.com/sanfrancisco/stories/2008/12/01/daily13.html |
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