Gerry Canavan

the smartest kid on earth

When It Smells Like It, Feels Like It, and Looks Like It, You Call It What It Is

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Krugman: It’s time to start calling the current situation what it is: a depression. True, it’s not a full replay of the Great Depression, but that’s cold comfort. Unemployment in both America and Europe remains disastrously high. Leaders and institutions are increasingly discredited. And democratic values are under siege.

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