originalpckelly
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Thu Aug-04-11 03:04 PM
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I go to the grocery store and it's Great Depression 2? |
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WTF?
We are so fucked until we address the structural problems in our economy.
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brooklynite
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Thu Aug-04-11 03:06 PM
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1. I have no idea what this means... |
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Prices?
Miserable customers?
Unemployed grocery clerks hanging outside the door?
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DemocratSinceBirth
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Thu Aug-04-11 03:07 PM
Response to Reply #1 |
3. The Prices Would Be Cheaper |
MADem
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Thu Aug-04-11 03:12 PM
Response to Reply #1 |
7. People mixing catsup with hot water to make tomato soup? Weatherbeaten Fedoras? |
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I have no idea what it means, either....!!!!!
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uppityperson
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Thu Aug-04-11 03:13 PM
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9. Store managers committing suicide by jumping off shelves? Seriously, what? |
originalpckelly
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Thu Aug-04-11 03:17 PM
Response to Reply #1 |
12. No, I was talking about the 500 pt drop in the Dow... |
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in a period of serious economic instability with conditions very similar to the lead up to the GD. Except that there is less over-capacity. However, I think we might see major deflation, because if credit tightens, then the lower paying shitty jobs will cause people to have less buying power, thus creating a glut in the economy, one that cannot resolve itself easily.
We did experience a period of massive overproduction of housing during the bubble, and one has to wonder if the global nature of the economy doesn't mean that we should look to the extreme growth going on in China as the overcapacity that simply cannot be properly utilized. As is what occurred during the period directly preceding the great depression.
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nadinbrzezinski
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Thu Aug-04-11 03:22 PM
Response to Reply #12 |
15. China's bubble is not expected to last either |
girl gone mad
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Thu Aug-04-11 03:06 PM
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2. The sad thing is that people only seem to pay attention.. |
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when the stock market tanks.
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Brickbat
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Thu Aug-04-11 03:07 PM
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4. Were there monkeys? Some terrifying space monkeys maybe got loose? |
in_cog_ni_to
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Thu Aug-04-11 03:08 PM
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5. Seriously. Dow closed 500+ down today. This is not good. :( n/t |
Systematic Chaos
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Thu Aug-04-11 03:09 PM
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6. We don't need no stinking economy! Or infrastructure! Or medical care! Or safe food! |
DJ13
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Thu Aug-04-11 03:12 PM
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8. Can we get you to have your groceries delivered from now on? |
originalpckelly
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Thu Aug-04-11 03:14 PM
Response to Reply #8 |
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I was also going to go to school.
I think that may be a sign for Armageddon. :P
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DJ13
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Thu Aug-04-11 03:16 PM
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Maru Kitteh
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Thu Aug-04-11 03:19 PM
Response to Original message |
13. It's a new century man.. get with it! |
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That would be "Sweet Depression 2.0.16"
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originalpckelly
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Thu Aug-04-11 03:20 PM
Response to Reply #13 |
14. Or perhaps: "Dude, where's my job?" |
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Edited on Thu Aug-04-11 03:20 PM by originalpckelly
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DU
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Fri May 03rd 2024, 06:15 PM
Response to Original message |