Quote:
Originally Posted by CarlV
Unemployment is 12.4% and over 20% in some central valley farming communities here so you Floridians should count your blessings.
How long did the great depression last? Even with previous experience and some safeguards in place the 1987 market crash we had still took a good 5 years to get out of. Given that, anybody who thinks we will get out of this in less than 5 years is foolish IMO. 
Besides we keep taking away the buying power of the working people so the good old days are just that, the ones who would put the money into circulation are still waiting for the trickle down that will never come. 
Carl |
The "Bottom fell out" October of 1929 and the Great Depression really did not end until September 1939 when WW II started.