Reply to: The great depression

[Nicky G]

Is it safely under the floor boards !? Your mates at New Liebour will be after it otherwise when everyone else is cleaned out. The problem with holding cash is we might have hyperinflation, it looks like that is the way the yanks are tackling it.

I don't think we want total financial wipeout, it might be a bit scary if the masses are out on their ar*e. I don't see how the welfare state would survive a 30s style depression.

It won't, which is why New Lie are clamping down on incapacity benefit.

[Moscow Mule]

Dish out prozac probably.

Or bullets.

[rootsnall]

Dish out prozac probably.

Who makes it ? Perhaps a depression proof share !?

Shares sliding again as we speak, tulip retail figures from the US, we are certainly going to see what a recession is like for the first time in a long time.

[PAH]

I don't see how the welfare state would survive a 30s style depression.

Dish out prozac probably.

[rootsnall]

I want this to be a total financial wipeout. I have cash and gold and will clean up. Bring it on!!!

Is it safely under the floor boards !? Your mates at New Liebour will be after it otherwise when everyone else is cleaned out. The problem with holding cash is we might have hyperinflation, it looks like that is the way the yanks are tackling it.

I don't think we want total financial wipeout, it might be a bit scary if the masses are out on their ar*e. I don't see how the welfare state would survive a 30s style depression.

[PAH]

I want this to be a total financial wipeout. I have cash and gold and will clean up. Bring it on!!!

At least you'll be able to use the cash as loo roll. In a total financial wipeout, money is worth somewhat less than blank paper.

[VectraMan]

I think a depression is in your head and a recession is on your head.

What about repression?

[snaw]

There's something quite satisfying about getting slagged off for being 'witty' by Atw and DP.

Must be doing something right.

[DimPrawn]

Are we not just going to talk ourselves into a recession and make this a self fulfilling prophecy...?

I want this to be a total financial wipeout. I have cash and gold and will clean up. Bring it on!!!

[BrilloPad]

When interest rates hit zero and economy still does not respond. I reckon 2010.

As I have said repeatedly, it is the disparity between rich and poor that ultimately causes this.

[techno]

Are we not just going to talk ourselves into a recession and make this a self fulfilling prophecy...?

[Churchill]

Did anyone hear a squeak ?

Yup, there goes another squirrel.

[TheOmegaMan]

Did anyone hear a squeak ?

[AtW]

I always enjoy Snaw's witty and incisive comments.

Me too. Pity there ain't many of those...

[DimPrawn]

Depression looming? or will the Fed pull it off

Another bit of doom

The number of articles appearing with the words "the great depression" are increasing.

So what's going to happen?

Ask Nicky G.