2 ms·
I've lived through two. I was working as a roofer through one and a bartender in the next, and honest, didn't notice much of a difference other than middle cla
by pksebben 4y ago
I've lived through two. I was working as a roofer through one and a bartender in the next, and honest, didn't notice much of a difference other than middle class folks freaking out about their mortgages and wall street screaming for the government to bail them out.
I am willing to bet this next one will be no different. Also, almost by definition, a recession is a depression that almost happened but didn't. Had we allowed the larger banks to fail and large-cap liquidity to cool, we wouldn't be back in this place with banks playing cowboy with people's deposits.