If you have taken your eyes off the watch for gas prices rising at the end of the week, and the election warfare raging above and below the border, you might realize that most Americans have for the moment had their attention diverted from Sarah Palin (even before that interest waned of its own accord).
While the inability of opticians to provide copies of her frameless rectangular lenses might be one of the main crises of supply and demand for some people south of the border, many others have no doubt glanced at newspapers or accidentally landed on a news channel long enough to realize that their country stands at the precipice of what could be the worst financial failure since the Depression. According to some analysts, it could even be worse than the Great Depression, and with the global implications of the American economy in today’s world, it could be recession/depression almost worldwide.
I once heard the difference between Recession and Depression explained this way: when your neighbor loses his job, it’s a Recession. When you lose yours, it’s a Depression.
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