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Reply #11: It will be the 1930's all over again and not just for auto workers. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010)

Blue Diadem

(1000+ posts) Send PM | Profile | Ignore

Tue Nov-11-08 11:34 AM
Response to Original message

11. It will be the 1930's all over again and not just for auto workers.

We may have a depression even if they are bailed out. Our country has been falsely propped up by credit and falsely inflated housing prices for way too long now. When the top gets everything and the workers pay doesn't increase but everything else does, the economy can only hold on for so long before doing exactly what it is doing now.

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