Will this recession turn into a depression?

[Uniquely]

One definition of a depression is an economic downturn that last for at least 3 years, has 10% unemployment, and at least one quarter of negative 10% growth. Currently, we are 15 months into this recession (already the second longest recession since WWII) we have 7.9% unemployment, and we have seen 6.2% negative growth. It would seem we could be close to meeting the technical definition of a depression.

Does anyone think this recession will reach depression status? Where do you think the bottom is?

Please do not get political. I think we can discuss the depth of the recession without getting into who we think caused the recession, who we think can pull us out, etc. etc. etc. I think this is a good topic to discuss as it can/does affect us all, but this thread will get locked in a hurry if it becomes political at all; so please limit discussion to how bad you believe the economy will get before it starts to get better.