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To: AxelPaulsenJr

>>As in 1929 style crash, and resultant depression?<<

Yup. Maybe worse. We have been in deflation for a while now.

And remember what the depression got us in the 1939-1945 timeframe. People just don’t realize how serious this thing can get.


78 posted on 09/15/2008 1:55:21 PM PDT by RobRoy (This is comical)
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To: RobRoy

So I take it you are looking for the end of times?


80 posted on 09/15/2008 1:57:11 PM PDT by AxelPaulsenJr (Republicans and Conservatives staying home will give us President Hussein Obama.)
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To: RobRoy
I remember in '87 my economics teacher in high school talking about how we were headed to a depression after that time's crash.

If the economy can still grow despite rabid oil, energy, and steel hikes, I think we'll be okay before long.

96 posted on 09/15/2008 2:11:52 PM PDT by GOP_Party_Animal
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To: RobRoy

>>As in 1929 style crash, and resultant depression?<<

Yup. Maybe worse. We have been in deflation for a while now.

absolutely right!...most of us wouldn’t last a month...I’ve got a 7 figure worth in investments and they don’t mean crap....they’re just monthly statements from banks/brokers...scraps of paper...we keep $5000 in cash/silver on hand but how long would that last?...not very....the dominos are starting to fall now...and it will be very ugly before it’s over.


109 posted on 09/15/2008 2:19:58 PM PDT by STONEWALLS
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To: RobRoy
>>As in 1929 style crash, and resultant depression?<< Yup. Maybe worse. We have been in deflation for a while now. And remember what the depression got us in the 1939-1945 timeframe. People just don’t realize how serious this thing can get.

Yep, most Americans back then had no credit cards, no auto loans etc. IT's going to get nasty before it get's better.

202 posted on 09/15/2008 4:17:13 PM PDT by am452 (Pres Bush: Why more importance on protecting Georgias border than our own?)
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To: RobRoy

“And remember what the depression got us in the 1939-1945 timeframe.”

Am I going to have to go out and buy a brown shirt? I was trying to get away from earth tones.


227 posted on 09/15/2008 5:23:30 PM PDT by PLMerite ("Unarmed, one can only flee from Evil. But Evil isn't overcome by fleeing from it." Jeff Cooper)
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