3 ms·
It was the most severe recession since the Great depression lol good times /s https://en.m.wikipedia.org/wiki/Early_1980s_recession https://en.m.wikipedia.org/w
by strangesmells06 3y ago
It was the most severe recession since the Great depression lol good times /s
https://en.m.wikipedia.org/wiki/Early_1980s_recession https://en.m.wikipedia.org/wiki/Early_1980s_recession
Good time to buy defense contractor stock because one way to get out of serious depressions/recession is a war.
And the presidential election is next year...
- Buttons840 3y agoThose previous recessions were marked by high unemployment, right? But currently we have record low unemployment. Is the high unemployment on its way, or is this something new?
- strangesmells06 3y agoI guess it depends on how you define unemployment. Over half of of employed people nowadays don't make enough to pay their fundamental bills and/or live paycheck to paycheck and have to take up huge debt to make it every month. so while they technically have a "job"...is it really if it doesnt cover their bills? classifying something as a job is extremely bullshitable.
- deleted 3y ago[deleted]
- sickofparadox 3y agoI wonder how the US army feels about a South American venture this time? Given the things happening in Guyana.
- nextweek2 3y agoGiven how small the Venezuelan military is, I’d wager the Americans would see it as too easy. What Guyana needs is to invite the British and American military in for a joint “training” exercise. The uk has a nice new aircraft carrier that could do with a shake down.