The Most Аwesome Depression Ever

Florid satire filled with clichéd tech references. Not really funny or clever at all.

depression != "Great Depression"

I'm tired of explaining this. Yes, we're entering a depression. It's not this nation's first, nor its second or third.

Is there a consensus on how many we've had?

It seems more like we are about to enter another great inflation, as described by RJ Samuelson, except shorter/sharper than the last one.

I think 70s-80s was a small depression, but they can call it a recession if they want. A recession is more like the dot-com bust + 9/11.

Off the top of my head:

* 1807 (Embargo! Political cartoon: http://upload.wikimedia.org/wikipedia/commons/7/74/Ograbme.j...)

* 1837 (Specie speculation: Weird political cartoon: http://memory.loc.gov/service/pnp/cph/3a10000/3a18000/3a1800...)

* 1873 (Railroad collapse; government too tight with money. Weird political cartoon: http://historymatters.gmu.edu/mpimages/mp105.jpg)

* 1890 (Panic of 1890: Specie and railroad speculation)

* 1929 (Great Depression)

I don't know whether to agree with him (it's not a depression until there are a whole lot of bread lines) or slap the smugness right off his face (he'll feel a whole lot different when he can't afford food).