General Discussion

Marthe48

(18,985 posts) Wed Nov 13, 2024, 07:27 PM Nov 13

This is the beginning of the Great Depression

I know I'm depressed as hell.

9 replies

= new reply since forum marked as read

Highlight:

This is the beginning of the Great Depression (Original Post) Marthe48 Nov 13 OP

I'm having a tough time Walleye Nov 13 #1

I understand Marthe48 Nov 13 #2

This could be the end of civilization. Kablooie Nov 13 #3

If anyone it would be Putin to use it, with impunity JoseBalow Nov 13 #4

Americans need to have a serious look at their financial Persondem Nov 13 #5

Recessions/depressions in the US most often start the year of OR the year after a presidential election. roamer65 Nov 13 #6

I was thinking more of the emotional nosedive Marthe48 Nov 13 #7

Thanks for the ideas Marthe48 Nov 13 #8

Depressions can be mental and economic at the same time. roamer65 Nov 13 #9

Walleye

(35,656 posts)

1. I'm having a tough time

Reply to Marthe48 (Original post)

Wed Nov 13, 2024, 07:30 PM

Nov 13

Marthe48

(18,985 posts)

2. I understand

Reply to Walleye (Reply #1)

Wed Nov 13, 2024, 07:45 PM

Nov 13

No one I know is recovering from this horror

Kablooie

(18,768 posts)

3. This could be the end of civilization.

Reply to Marthe48 (Original post)

Wed Nov 13, 2024, 08:06 PM

Nov 13

Trump will have control of the nuclear codes and no generals to talk him out of using them.
So go ahead. Be depressed. It's a great time for it.

JoseBalow

(5,138 posts)

4. If anyone it would be Putin to use it, with impunity

Reply to Kablooie (Reply #3)

Wed Nov 13, 2024, 08:10 PM

Nov 13

knowing drumpf wouldn't do shit about it.

Persondem

(2,090 posts)

5. Americans need to have a serious look at their financial

Reply to Marthe48 (Original post)

Wed Nov 13, 2024, 08:12 PM

Nov 13

... situation. The bond yield has been inverted for the last 6 months or so. Historically this augers a recession that begins 3 to 12 months later. With The Felon's idiotic economic ideas, shit could get real bad by the end of 2025. Tighten up, put some money into safe investments and keep an eye on the situation.

roamer65

(37,154 posts)

6. Recessions/depressions in the US most often start the year of OR the year after a presidential election.

Reply to Persondem (Reply #5)

Wed Nov 13, 2024, 08:19 PM

Nov 13

Here are examples.

1837, 1857, 1873, 1908, 1929, 1937, 1953, 1960, 1969, 1973, 1981, 2001, 2008, 2020…

2025?

Probably.

BTW, the yield curve inversion on Treasuries has been nearly two years…even longer than the inversion before the 1929 crash.