| | http://news.yahoo.com/s/ap/20080929/ap_on_bi_ge/financial_meltdown
Wow. It really looks like we could see a stock market crash today.
It's been projected that this could cause a depression even worse than
the Great Depression. They interrupted Dr Phil for a special report. To
let the ignorant people like me know this could be pretty fucking serious.
To think that we could be facing this scale of an economic crisis is
very, very frightening. Think of what did happen in the Great
Depression. Banks went totally bankrupt. There was a 25% employment
rate. That means that one out of 4 people were unemployed. That's a
huge fucking number. People starved. And it wasn't just an American
thing, this was worldwide.
The consequences of today could be
global. It's scary. With so many people I know already having a
difficult time with employment and facing financial hardship, and a lot
of Americans are really only one paycheck away from total bankruptcy,
this really is a scary situation. I would like to hear your thoughts on
this. Really, I want any one who can comment TO comment, because I
would like to hear some different views, on what, if anything, could be
done. I don't normally whore myself out like thisask,
but now I'm kind of begging. :) Anyone? Even if you think what you have
to say doesn't count for much, I just want to hear your thoughts. And
you'll bet I'll be reading and commenting on a ton of journals tonight
if you post about it too.
Thoughts? Anyone? :end whoring: |
| | Posted 9/29/2008 4:28 PM - 5 Views - 0 eProps - 0 comments
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