Welcome, %1$s. Please login or register.
November 27, 2021, 06:02:15 AM
Spotlight: Lost your job, Now what? - A step by step post-job-loss guide for engineers

+  Engineering Daily Community Forums
|-+  General Category
| |-+  General Discussions
| | |-+  Recessions
« previous next »
: [1]
: Recessions  ( 9727 )
Badger
Newbie
*
: 8


« : November 14, 2009, 09:57:39 PM »

Most people already know that the current downturn is the worst since the Great Depression.  However, it should be noted that every recession since the 1970s has been progressively worse than the one before it, leading to the conclusion that we are eventually going into a Greatest Depression sometime in the future.  No one can tell precisely when that will happen, but if recent history is a guide, probably within the next 12-15 years.  Be prepared now.  Be able to grow your own food if needed.  Anyone who says a Depression is impossible has been deceived by the corporate media which is feeding us a placebo to make us think everything will turn out OK.  Don't believe everything printed in a newspaper.  Most are controlled by conglomerates headed by people who are friends of the Washington Establishment.
: [1]  
« previous next »
: