Originally Posted by
t00nces2
Sir... I do not get depressed over the direction I think the world is headed. I am alive and I am seeing very interesting crap. Whether this experience is one and done or I get to understand eternity, I am having a great time. I personally think we are going to see very dire times. I think that we will experience worse than 1930's depression. I may be wrong, but it would seem to me that mathematics is on my side.
I don't know where the economy is heading but I do know where it's been. Both of my folks grew up during the Great Depression Mom on a farm where they could feed themselves Dad was in town and went hungry. Out here it lasted until 1939 when they started ramping up for War 2. I've been reading books on the Great Depression and here is how bad it was in 1933
" It was the fourth year of the Great Depression. One in four working Americans - ten million people- had no job and no prospects of finding one, and only a quarter of them were receiving any kind of relief. Industrial production had fallen by half in those four years. At least one million and perhaps as many as two million, were homeless, living on the streets or in Shantytowns like Seattle's Hooverville (photo) In many American towns, it was impossible to find a bank whose doors weren't permanently shuttered; behind those doors the savings of countless American families had disappeared forever. Nobody could say when, or if, the hard times would ever end. " The Boys in the Boat pg 9
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