Great Depression 2009 Similarities to 1930's

[Crewleader]

Economics / Economic Depression Dec 29, 2008 - 09:47 AM

By: Money_and_Markets

Martin Weiss writes: I have just received a series of urgent questions about the massive crisis swirling all around us. So to help you prepare for 2009, I am going to give you my best answers right here and now. First, though, an important reminder: December 31 — this coming Wednesday — will be your last chance to sign up for Jack's new landmark recommendations aiming for high double-digit returns early in the new year. Plus, it's the last day you can save $295 before a price increase that goes into effect on the dawn of January 1.


Urgent Questions from Readers

http://www.marketoracle.co.uk/Article7996.html

[sui generis]

1. just wait until they start building shanty-towns outside of NYC again.

then we'll revisit whether it's the same.

I don't think it is. We're just a lot softer now. Why when I was a young'un I had to walk to school barefoot through snow and broken glass backwards and blindfolded uphill both ways. They only fed us twice a year and we had to share a corn cob to wipe our ass. The upside was we only had to do it twice a year.



:rofl:

[Cassandra]

2. You've seen the Four Yorkshiremen?

Google if you haven't.

[anigbrowl]

3. I would have preferred an excerpt about the economics rather than a sales pitch.

I don't think that's appropriate content for a DU post.

[.... callchet ....]

4. Really

I have been writing about this disaster on my web site for years. There are no magical quick fixes. Right now we are cutting the grass while the house is burning down. The government is going to have to charge a sur charge on savings, they are going to have to redo the tax code to take the governments share of multi million dollar paychecks to pay for this country, they are going to have to be regulated themselves in order to do business for the good of the poor. They are going to have to spend like crazy and the basis has to be on projects that produce the most man hours paid out for the money paid in. Like a billion dollar project to produce robots to replace people has to be forbidden. Health-care, childcare, food, shelter, clothing and jobs has to come from the government. Then you don't have to worry about a UAW worker getting $30 hour. Let the USA set the standard for human rights. If a baseball player can get $180,000,000 for being lucky why can't a person lucky enough to be born poor, untalented, ugly or anything else have the right for the basics of life? It's all about luck ! Someone told me that it seems that the "lucky people" seem to work harder. Well , some of the hardest working people I know have failed !

[anigbrowl]

5. I'm having trouble finding the point here

Are you the writer of the website linked to in the OP? If so, fine job. I was just pointing out that the OP's cut-n-paste of the first paragraph actually conveyed nothing of the economic content which was supposedly the subject of the message, thus undercutting the potential audience - information about an upcoming price change for website subscribers was probably not what DU readers were expecting to read.

If this is just some generalized rant then I wish you good luck with your wall of text, but suggest you try paragraphs.