Yeah that's what I heard as well.. my brother from Janakpur told me. Is that what you heard jeet ?? And i heard Salman khan's dead as well.. is that true as well ??

dalle_momo · Jun 29, 2011 8:23 PM

I am not bluffing bro. Read this article: http://www.usatoday.com/news/w...

Atiranjeet · Jun 29, 2011 8:38 PM

I don't see a world recession or starting of inception in that article.... but trust me bro.. Salman Khan died..  I can't give you link as you gave me because it's in Nepali Newspaper...

dalle_momo · Jun 29, 2011 8:51 PM

There may be millions of Khans and thousands of Salmans. I am certain a guy named Salman Khan died somewhere recently.   Last edited: 29-Jun-11 09:57 PM

TM · Jun 29, 2011 9:48 PM

Bro, We have passed the recession and currently in depression. We are headed for 2nd great depression as I have pointed out in my other posts. The latest jobs numbers and the very real chance of another Great Depression.

Nas · Jun 30, 2011 11:10 AM

save some gold hallelujah!!!

chaurey · Jun 30, 2011 12:26 PM

Recession and Depression are actual economical terms meaning they have some way of measuring the phenomenon (some idea look into GDP, others look at other indicators). As far as we know, we had a recession and we are out of it already but we might be going back in...we might only know after we are already into it though. Like somebody said, "A recession is when your neighbor loses his job. A depression is when you lose your job"

Stiffler · Jun 30, 2011 12:44 PM

  For depression the unemployment needs to be at around 18% for three years (called as stagnation or stagflation depending which part of the world you went to school).   

MN_Nepali · Jun 30, 2011 1:14 PM

 Brothers,   I don't know whether it is recession or depression. But the US debt is already near to 15 trillion dollar. It is expected that the US debt will reach its ceiling in the coming August. That means US is running out of borrowed money.   They say that it is like an atom bomb waiting to explode. Whether the explosion would be menacing or not but in the coming 5 years we may witness some major changes in the global economy.  Also, recently I watched a show on TED that the chinese economy may equalize to US economy by 2016.  God bless America ~

Atiranjeet · Jun 30, 2011 1:39 PM

Brother US has already exceeded the debt ceiling set at around 14.3 trillion dollars; as of now the total debt accumulated is around 14.6 trillion. August is the date when US will go "default" on the debt if the ceiling is not raised as w/o raising the ceiling (hence asknig for more) we can't pay the creditors nothing. But I will put million dollars claiming that the ceiling will be raised on time, before August 2nd.

Stiffler · Jun 30, 2011 2:34 PM