Gloom and doom are lurking in the shadows of the Eccles Building. It should be made clear that this writer hopes that there will not be a recession or worse yet even a depression. Before continuing, it may be useful to give a description of a depression:
"Depressions are characterized by their length, by abnormally large increases in unemployment, falls in the availability of credit (often due to some form of banking or financial crisis), shrinking output as buyers dry up and suppliers cut back on production and investment, more bankruptcies including sovereign