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Originally posted by wingman77
So is this going to be a road warrior-like future, Orwellian, or just nuevo Great Depression?
Originally posted by Kelldor
It’s Official: The Crash of the U.S. Economy has begun
Lastly, the House just passed the bill to restrict people with mental histories from owning guns, so if you have ever been depressed in the past, and taken prosac or zoloft, your about to lose you 2nd amendment.
These are the ones who will shape the future. I'd hate to tell you, but the world is not fair. The weak will always be tortured and forced under corrupt lords. I don't believe America could last another blow, that is why I mention "Lords." They are all that will be left of a possible leadership.
Originally posted by johnb
Of course if you sell all your stock except the safe ones (precious metals) or even them and then when the markets crash you can buy them back again really cheaply getting a lot more stock for your money. So the priviledged few who knew or saw what was coming become even more rich and powerful.
Originally posted by DarkMile77
So what does this mean if your already poor ? My family doesn't have much as it is. What do I make sure my family has a chance to survive ?
The Great Depression was not created by the stock market crash. It was created by an embargo of goods that prevented people from buying imported goods. This embargo was created in order to recirculate money within the U.S., but the results were disasterous, causing the Great Depression to spread throughout the world.
Originally posted by seisen
I told my wife the same thing when the stock market all of sudden started hitting records highs and then somebody on CNBC said that the stock market hasn't been this high since 1927. If history really does repeat itself than we are in for a freaking mess.
It was from my professor, but I'll see if there's an internet site with the info...
Originally posted by seisen
Can you please provide the source of your information?
The depression would not have been near as bad if it was not for the Tariff, that's for sure. It's the Tariff that caused the Global Depressipon.
Originally posted by seisen
I don't think that Act itself caused the Great Depression I think it helped worsen the Great Depression. Thanks for providing me a link.
Originally posted by Ironside
The depression would not have been near as bad if it was not for the Tariff, that's for sure. It's the Tariff that caused the Global Depressipon.
Originally posted by seisen
I don't think that Act itself caused the Great Depression I think it helped worsen the Great Depression. Thanks for providing me a link.