I buy at a discount because of the depressed value of the asset and then I know I can improve the performance of the asset and increase its value.

Depends on how you represent the deal in getting the distressed or depressed sale price, yes, you could break laws and yes you could act unethical, but you don't have to do those things.Wealth Intelligence Academy, (LOL, who thought of that one?)

Now, all that said, if everyone would take his approach we would collectively depress the market.

It separates us from the depressed prozac crowd.

Not sure I'm convinced it will be quite this dire, but this recession turning into a depression seems possible.OTOH, inflation does seem to be kicking up.

They always "pooh-pooh" my rentals and offer sage advice like " you can go to work to support your rentals" -- Downright depressing.

This time wasn't nearly as quick as in the great depression.

She will get to jet all over the world to party with world leaders, while Obama will be stuck here, leading the United States through the worst depression in history!

In the last depression, the market lost 89%.

We are just now entering the job loss phase of this recession/depression and things could get VERY ugly.