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Lou's reply to Phillipa-szhehzdamezlsbthzrlyhvgfn » Phillipa

Posted by Lou Pilder on May 22, 2008, at 20:53:23

In reply to Re: Lou's reply to Phillipa- » Lou Pilder, posted by Phillipa on May 21, 2008, at 20:49:46

> Are we going into a depression with people losing a lot of jobs? Phillipa

Phillipa,
You wrote,[...into a depression...losing jobs?...]
I can not see into the future. Yet today, I see the circumstances surrounding the depression that started in 1929 to be at hand. And today, there are others that can see those paralles also. The issue to me is not as to if there is going to be a depression, but as to what can be done now to prevent a depression. For IMO all that is needed to be to have a depression, is for it to be allowed to happen.
Lou

 

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