How long will this 2008 Depression last ?

[kentuck]

And why will it end?

[Burma Jones]

1. It will be over soon because the press will declare it's over

and we will learn to live with lower expectations.

[dixiegrrrrl]

2. the 2008 Depression is over.

The 2009 one started Jan 1.

Edit:
the Jan. 13th coffee has not kicked in...edit for spelling.

[madinmaryland]

3. I respectfully disagree. It is the "Bush Depression"

[MelissaB]

4. That's exactly what it should be called. n/t

[wildbilln864]

8. Precisely!

Let's not call it the 2008 depression but The Bush Depression because that's exactly what it is. :hi:

[madokie]

5. I think with the added involvement by our congress critters

and the leadership we have in the White House this one will be gone before we know it. We'll wake one day, sooner rather than later, and realize that we're well on our way to stopping the bleeding. Honest leadership is what we need and finally we might just have that.

[kentuck]

6. I hope you are right...

But, our money is worthless. It just hasn't sunk in to the rest of the world just yet. We are broke. If we have 2 or 3 million more unemployed this year, it will be a difficult hole to climb out of, in my opinion.

[populistdriven]

7. Other: When I get a job!

[hunter]

9. Never.

It's all downhill for this civilization.

The next civilization will use something other than fossil fuels, and the economic system will be quite a bit more sophisticated than the current market system.

[Occam Bandage]

10. There's no option for "between one and four years."

[sofa king]

11. It won't end.

There's no free money to be made now that oil has peaked. It's dog eat dog from now until it becomes human eat human.

[WI_DEM]

12. 2-3 years.

[SmileyRose]

13. I hope in never ends.

In my fantasy world Americans return to the days when spending money was so hard to come by that we all demand high quality and American made products again.

Unfortunately the whole world depends on keeping us buying up cheap chinese crap.

[Strong Atheist]

14. When the next world war occurs? nt.

[OhioChick]

15. It'll last until

NAFTA, CAFTA, WTO, Outsourcing/H-1B's etc., are renegotiated or terminated.

As the long as U.S. citizens have no jobs, there will be no recovery.

[Phoonzang]

16. Worsening through 2009. Tapering of towards the end of 2010. n/t

[biermeister]

17. How long you got?