By: R. Sebastian Gibson, Attorney At Law
It is January 21, 2008, and not only is the word ARecession@ being used more and more frequently by analysts, we are now starting to also hear the word ADepression@ as a possible outcome of this economic crisis facing the United States and possibly the rest of the world.
As this article is being written, the stock markets around the world have started to fall more precipitously with most of the markets in Europe, Asia, China, Latin America and Canada falling from 5% to 8% overnight. U.S. markets are expected to fall over 500 points when the U.S. markets open again for business on the Tuesday following the Martin Luther King holiday. (more…)








