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    Brace for the worst recession in 100 years, warns Wall Street expert

    Started by RE Jul 04, 2024, 01:11 AM

    Message path : / Society / The American economy / Recession Roundup #6


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    RE

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    Jul 04, 2024, 01:11 AM
    Closer to 95, since the Great Depression didn't start until around 1930.  The stock market crashed in 1929, but the Depression took a little while to really get rolling.  Also, just because none have been as bad since doesn't mean this one won't be WORSE than the GD.  There was tons of oil in the ground ready to dig up and do a reboot after WWII.  This time, after WWIII finishes, nothing left to kick start with.  An endless, eternal Depression, and Age of Darkness. The Grapes of Wrath will seem like a Picnic by comparison.

    https://finbold.com/brace-for-the-worst-recession-in-100-years-warns-wall-street-expert/

    RE

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