Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

What Would A Depression In 2009 Look Like?

Discussions about the economic and financial ramifications of PEAK OIL

What Would A Depression In 2009 Look Like?

Unread postby deMolay » Sun 16 Nov 2008, 22:53:29

Now we are seeing Depression articles. http://www.boston.com/bostonglobe/ideas ... ?page=full
"We Are All Travellers, From The Sweet Grass To The Packing House, From Birth To Death, We Wander Between The Two Eternities". An Old Cowboy.
User avatar
deMolay
Intermediate Crude
Intermediate Crude
 
Posts: 2671
Joined: Sun 04 Sep 2005, 03:00:00

Re: What Would A Depression In 2009 Look Like?

Unread postby heroineworshipper » Mon 17 Nov 2008, 00:59:18

In great depression #1, money was tied up in stocks & lost. In great depression #2, money is now tied up in T bills & taxes, and those have been tied up in stocks.
People first, then things, then dollars.
There will be enslavement, cannibalism, & zombie invasions.
User avatar
heroineworshipper
Tar Sands
Tar Sands
 
Posts: 890
Joined: Fri 14 Jul 2006, 03:00:00
Location: Calif*


Return to Economics & Finance

Who is online

Users browsing this forum: No registered users and 9 guests