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Comment by bink

20 hours ago

We aren't anywhere close to being in a depression though. What extraordinary situation requires the government to take a stake in a public company and under what conditions will this position be liquidated?

We are very close to being in a depression. Most of our money has nothing to do with actually feeding or housing people. If the wrong thing shifts, we're toast.

  • The unemployment rate is still near historic lows and while new job numbers are getting worse they're still positive overall. We aren't anywhere close to being in a depression currently.