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  • The Greatest Depression Is Coming

    03/11/2003 5:05:30 PM PST · by sourcery · 260 replies · 2,693+ views
    Financial Sense ^ | 11 Mar 2003 | John Finger
    The Greatest Depression is Coming. That’s no exaggeration. It will be worse in many respects than the Great Depression of 1929-1939. But those who are prepared will prosper. The First Signs Are Already Here The most noticeable sign is in unemployment. Sure, the official unemployment rate is low as of the time of this writing (5.7%), but the standard used to measure unemployment is seriously flawed. For example, that standard does not include “discouraged” workers; that is, those who have given up looking for work. It also doesn’t include the “underemployed,” who are highly trained but can’t find jobs in...