I think it's safe to say that whatever happens, it won't be a repeat of the 1930s depression. For one thing, they didn't have computers and the internet back then. Doh... Also, they didn't have the Simpsons.
On 3/20/08, Jim Devine <[EMAIL PROTECTED]> wrote: > > A new Great Depression? It's different this time > > > Fear is spreading with the financial system in disarray. But the global > boom is ongoing, unemployment is low and the government has new tools to > address the downturn. > > > By Michael A. Hiltzik / Los Angeles Times Staff Writer / March 20, 2008 > http://www.latimes.com/business/la-fi-depression20mar20,1,832563.story > > > Dysfunctional capital markets, frantic central banks, stressed-out > consumers, fear and uncertainty -- all are alarming echoes of the global > economic cataclysm of the 1930s. > > > Which raises the inevitable question: Could another Great Depression be > lurking over the horizon? > -- Sandwichman _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
