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Next few years. Great Depression #2 happens. Yes/No?

 
Anonymous Coward
User ID: 79724381
United States
04/01/2023 02:42 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
My hope is the financial economy gets obliterated but the real economy actually grows. But realistically they pretend they’re one and the same so they can get a bailout. But this country would be so much better off without such a large, harmful and extremely greedy financial sector.
Ohwow!

User ID: 84607297
United States
04/01/2023 03:05 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
Wondering what you say, GLP. Great Depression #2 incoming, compliments of the Federal Reserve of the United States of America?
 Quoting: Mr Cheese


couldn't cast a vote, Biden and regime won't be here in the next two years
Anonymous Coward
User ID: 7685363
United States
04/01/2023 04:22 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
Apples and oranges. You can't compare.
Anonymous Coward
User ID: 71189853
United States
04/01/2023 08:16 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
Depression began in 2020, FedGov released covid
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.

.
 Quoting: Anonymous Coward 24306716

I was hoping they'd do it in 5 years this time. Fk.
Anonymous Coward
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Norway
04/13/2023 04:11 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
Yes depression.
Anonymous Coward
User ID: 79724381
United States
04/13/2023 04:24 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
More likely that communism is enacted, fascism or hyperinflation. It’s hard to have a Great Depression when you print as much money as our government does lately.
Anonymous Coward
User ID: 85557401
United States
04/13/2023 05:26 AM
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Re: Next few years. Great Depression #2 happens. Yes/No?
Depression began in 2020, FedGov released covid
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.

.
 Quoting: Anonymous Coward 24306716


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...





GLP