What was a recession is now starting to look like a full blown depression.

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There is some chance that we will experience another 2008 and slip into a full blown Depression.

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If we have a full blown depression, or, we end up like Japan where the stock market is still trading at a quarter of its high 23 years later?

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The signs of full-blown depression are usually more severe and last longer.

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Our entire auto industry was on the verge of collapse and, all told, the prospects of us going into a full-blown depression were very real.

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But nearly 50% of the teens were said to have experienced symptoms of depression or a full-blown mood disorder, according to the study, which was presented on Saturday at an annual meeting of the American Academy of Pediatrics, in New Orleans.

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Finally, a strong middle class can only exist in an economy where everyone plays by the same rules, from Wall Street to Main Street. (Applause.) As infuriating as it was for all of us, we rescued our major banks from collapse, not only because a full-blown financial meltdown would have sent us into a second Depression, but because we need a strong, healthy financial sector in this country.

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