Showing posts with label The Great Depression. Show all posts
Showing posts with label The Great Depression. Show all posts
Sunday, August 11, 2013
The Great Depression ~ Why it happened and why it could happen again
It was a time when the stock market epitomized the false promise of permanent prosperity , Millennial depression? This will be much worse than the 1929 crash... We have such a large part of the American population dependent on the government for lifelong welfare checks and food stamps...it will hit like a tsunami. Imagine when that stops...the criminal gangs, drug cartels, radicals...this will be a complete breakdown like New Orleans & Katrina. This will be a catastrophic collapse. A new 'Dark Ages". I don't think we are as strong as the Americans of 1929. Not as self reliant.
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