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To: rbg81

CDOs did exist - they were even around in 1873.

And BTW, folks, read up on the depression of 1873 because that’s where we’re likely headed.


45 posted on 01/22/2009 5:20:24 AM PST by nicola_tesla (www.fedupusa.org)
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To: nicola_tesla

Was it worse than the 30’s?


58 posted on 01/22/2009 6:37:48 AM PST by bronxboy
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To: nicola_tesla
"...read up on the depression of 1873 because that’s where we’re likely headed."

If by any chance you've found actual records please share.  The BLS only has numbers back into the 20th century and the Census Bur. only has unemployment back to 1890.

Whatever we find, it's obvious that we're a lot better off now than we were then.  The only difference of opinion we got here is whether the future will be better or worse.

Maybe we got too many freepers that think as long as they're going to be dead 50 years from now that they'd just as soon everyone else is crying about tomorrow too.  IMHO that kind of attitude is selfish, wrong, and sick.

84 posted on 01/22/2009 10:06:54 AM PST by expat_panama
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