Defining the Big D - Emphasis

Defining the Big D Defining the Big D Kill the fatted calf: it seems we do now have a definition of the word Depression. (See Whats in a word?, below.) According to the Economist, its: a slide in peak-to-trough of real GDP of 10% or a decline lasting more than three years. Im glad we sorted that out. So were not in one yet, even if the latest estimate is for 4 per cent negative growth in GDP. Now, if we could just start talking ourselves out of whatever it is we are in