The U.S and the great depression 2

[oldtimer28]

Who thinks the u.s will suffer a second great depression soon?

When?

Why/why not?

I can't see how it doesn't before 2030.

Unemployment has remained relatively low throughout covid but Biden endorsed policies have brought inflation and higher interest rates. Add unemployment and the u.s are there.

P.s I bought a book to read about FDR's presidency as I am curious.

[BigKobeFan]

Who thinks the u.s will suffer a second great depression soon?

When?

Why/why not?

I can't see how it doesn't before 2030.

Unemployment has remained relatively low throughout covid but Biden endorsed policies have brought inflation and higher interest rates. Add unemployment and the u.s are there.

P.s I bought a book to read about FDR's presidency as I am curious.

Not if a war starts

[diamenz]

Who thinks the u.s will suffer a second great depression soon?

When?

Why/why not?

I can't see how it doesn't before 2030.

Unemployment has remained relatively low throughout covid but Biden endorsed policies have brought inflation and higher interest rates. Add unemployment and the u.s are there.

P.s I bought a book to read about FDR's presidency as I am curious.

be sure to let us know what you think of fdr.

[oldtimer28]

Not if a war starts

What about after a war if a major war starts? (assuming we are alive afterwards)

[ShawkFactory]

Why/why not?
.

Liberals obviously.

[Chick Stern]

We already experienced the Great Depression 2 under Dubya.

[Lee]

:eek:

[Lakers Legend#32]

News that will cause stocks to go up"

--A minimum wage increase is struck.

--Employees are prevented from unionizing.

--Corporate taxes are reduced

--Labor laws are relaxed.

The stock market is not the economy, it's an estimate of how much wealth can be extracted from workers.

[SATAN]

You're too politically brainwashed to even discuss this stuff with. Just keep sucking off Robert "buy silver and laugh at the poors" RichDaddy. :lol

****ing dumbass.

The fact of the matter is no-one knows for sure. But there are some clear signals that it's possible and they have been there long before recent months if you look at the bigger picture. The U.S will almost certainly do better than the rest of the world so don't play victim too hard. I'm quite sure things will get worse, how much worse though? Just do what you think you need to and wait and see without being a brainwashed idiot about everything.

Also lol@asking when. Think longer. It might seem ok for a while after some measures are implemented and then go to shit again as a direct result. Again, that might also unravel "slowly". It depends what happens.

I bought a heap of stuff and cashed my stocks out as soon as certain signals were realized. That was a long time ago. Dumb old leftist me.

It's bigger than politics you dickhead.

Edit: Try to enjoy each day and be rational. Understand people and situations. Society and the world falling prey to absolute hatred is not optimal.

[Axe]

A bit surprised Dooms hasn't make it yet itt.