Originally Posted by The_Jazz

I do not see a depression looming. Recession, yes, depression, no. Money will not shrink, but the economy is going to have to slow, even if the Fed cuts rates soon, like they almost certainly will. The "bailout", which by the way will make Bush a socialist on par with Lenin without the pesky revolution thing, will most likely look very different than proposed. From my perspective, the idea of it is more important than the actual thing, but if it gets through Congress intact (which it might), it will create a new bureaucracy whose scope I have trouble imagining and whose reach would be incredibly deep into the lives of the "little people".