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Krugman says it's a depression

Sun, 12/11/2011 - 23:15 -- Madame Filth

in today's NY Times, Paul Krugman calls it what it is, a depression. not a recession, not a "double dip recession" (my favorite euphamism) but a depression, and reminds us how dire those are.

Depression and Democracy, by Paul Krugman

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