answersLogoWhite

0

I would say the US economy is currently in a depression, but I am not an economist, and I do not think you will hear any economist say that at this point. But I am calling it a depression. Two years ago was a recession, now we're in a depression.

Yes, but the magnitude is still unknown.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Reasons for the current reccesion?

waht are the reasons for the current recession


Why did the United States invade North Vietnam when the war was going on?

how come the united states did not invade north vietnam to end the war


What is a reccesion associated with?

A recession is associated with a slow economy and job loss.


Who are you going to war with right now in United states in 2011?

lybia


Why India is an India and the USA is The USA?

Because it's grammaticaly correct. For example, I would say, "I am going to India. After that, I am going to the USA." USA is short for United States of America. So, I would say I am going to the United states of America.


what does not describe conditions that led to the War of 1812?

The United States had an ocean-going navy of less than twenty vessels.


Was the unites states justified in going to war with Mexico?

The United States was Not justified in going to war with Mexico Because Polk Provoked it , Robbery Of Texas , and growth of slavery.


Why do we need to understand economis?

it is called ECONOMICS and we need to understand for times of reccesion


What the U.S. Navy mean?

The sea going branch of the United States military.


Is Ashley Tisdale going on tour?

Ashley Tisdale is going on tour. She will be traveling all over the United States.


What 2 states are eventually going to live side by side in peace?

all of them are that's why we are the UNITED STATES of America


In the song For What Its Worth why does the singer ask the audience to look What is going on down?

To show that change was happening in the United States. Apex :)