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01-21-2008, 02:35 PM
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#2
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Newbie
Last Online: 07-23-2008 10:52 AM
Join Date: Oct 2007
Location: Nova Scotia, Canada
Posts: 16
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From what I heard on the news, a lot of changes have been made in the stock market to prevent an all out-depression occurring like back in the '30s. So recessions can still happen, but it would be all but impossible to have a full depression, due to limits on the amount of trading that can be done in a day (like if truly everyone starts selling, they shut the markets down until people stop panicking), or some such.
Me not so good with money talk.  But that's what I heard on a news when talk of a recession first began.
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