Great Depression!?

Another great depression could not happen again exactly as it happened in the 1930s. The reasons are that a/ there are

safeguards in place in the stock market which were not

there in 1930s ie you can't buy on margin (credit) anymore

b/ there are more welfare programs available so people wouldn't starve to death as they did then c/ we are not experiencing and are unlikely to experience drastic drops in

the prices of retail items. In 1930s people were selling new Cadillacs for 25.00! That certainly isn't happening now is it?

I think there is going to be a big recession world wide and in a way I think it is going to be a good thing. People in the Western world have too much, we buy too many consumer goods, we have much bigger houses than we need, we eat way too much. We should learn to scale down our lives

someway. I read somewhere last week that in the last ten

years the average bathroom in the U.S. has increased in size by four times! How big a bathroom do you need?? I also

hope that our dependence on Arab oil is curtained greatly.

I would like to see them coming to us begging us to buy their oil rather than us begging them to sell it to us!

Very much so. The U.S. Economy is based on 15$ a barrel oil...and we have it in the $130's. I don't really care anymore, i'll just go back to hunting and fishing for food if i have to.

omg

what a sad question

if you look around it is happening

the world is callapsing

it will be worse than the great depresion

cos there is nothing to fight for anymore

the world will sink in to caos(check)

a war will start(check)

more peole will die(check)

do not look cos if you look long anoth you will be sucked in and you will never get out

i looked for to long

now i am stuck scronging off the misfortunes of others

how many more poeople will have to hurt and die before we get out off this one

and will we make it out dead or alive

Yes, I think it's definitely a possibility.

Well I think Great Depression is an oxymoron but yes it is possible.

Yeah, it is. The whole world is going down, i mean there's a holocaust in Africa.. -_- it's so sad how no one really knows what to do.

i think its bad, we own a kitchen and bathroom business and we relie on people having enough money to do up their houses.

ya!! it is the great depressionall over again, like srsly we need our government to get their arses in gear!

oh it is definitely possible. it sucks what's going on right now!

I think we are definitely headed that way.