I voted that we ARE in a depression. Now the depression we are in, will be in, is not like the Great Depression. There are too many differences between then and now. However, how bad the current one will be is not only dependent on us, the U.S., but also the rest of the world. The sad fact is we are dependent on other nations and how they react to the current situation--just look at China throwing their displeasure comments around. Hell, Europe is not too keen on doing much about it either. I guess the majority of the other countries forget who rebuilt them after that little tiff we call WWII. I hope, and pray everyday, that we can pull out of this situation.