Next few years. Great Depression #2 happens. Yes/No? | |
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Ohwow!
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Anonymous Coward User ID: 71189853 United States 04/01/2023 08:16 AM Report Abusive Post Report Copyright Violation | Depression began in 2020, FedGov released covid Quoting: Anonymous Coward 24306716 because Federal Reserve repos began failing in summer of 2019. History will show that we're now entering year 4 of a 15-20 year period of turmoil corresponding to 1925 to 1945. . I was hoping they'd do it in 5 years this time. Fk. |
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Anonymous Coward User ID: 85557401 United States 04/13/2023 05:26 AM Report Abusive Post Report Copyright Violation | Depression began in 2020, FedGov released covid Quoting: Anonymous Coward 24306716 because Federal Reserve repos began failing in summer of 2019. History will show that we're now entering year 4 of a 15-20 year period of turmoil corresponding to 1925 to 1945. . This right here... We're already a few years into it. The reason you don't realize it is two-fold. First, there is a much larger population now, than in 1929, and as a whole, more people have money than in the past. So while a large segment of the population is already unemployed and struggling, you still see a segment of the population that still has resources and can spend as prices skyrocket. Secondly those still with resources are all you see... The media is actively under complete control of the government propaganda apparatus. So you are getting "gaslit" by media coverage that hides the actual condition of the nation and it's people. They falsify gov unemployment stats, economic stats, crime stats... Pretty much all of these are boldface lies. Soon they won't be able to hide it... The current food pantry lines that stretch for entire city blocks, and last for hoirs , every day, will devolve into out and out riots, as shortages become more visible... The lies they tell about available jobs (there are none, most places are closing down, and laying off) will become obvious, as the Unemployment payments dry up. T As they cut programs, more and more of this depression will become visible to the average person... This summer will be very interesting... |