Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Also take a long at Dubai. They overbuilt and now they there housing bubble is bursting. All these plans they had to build and build are coming to an end and they are slashing projects as fast as they can.
This article articulates in simplicity, the reality of the present situation.
This makes a very good point. Without food stamps and 99 weeks what would it look like? Anyone checked out how busy and maxed out the food banks are? We have plenty of poverty, we have just put a pretty curtain in front of it.
And we should not forget that there ARE places where things are very visible. Check out the tent cities in areas where the citiies have decided that a regulated and protected tent city for the homeless is preferable to one that isn't, since it will be there anyway.
My son is 19 and I hope he gets his act together soon, for him and the kids of his generation a big lesson in LIFE is looming and it will be a shocker. I wonder what the rate of unemployment for the under 25 is when you factor it just like they did in the thirties. Where he lives in socal its over 25% with filtered data.
Somewhere is a post about sales of chips and crackers, cheap snack things, and how they have plumeted in the last few months. That says a whole lot about how things are too. When you think before getting the dollar bag of chips it means things are really tight.
My age group lived and remembers growing up in the depression yrs of the 1930's.
20-30 yrs from now the young people of today will remark of growing up in the depression of the late 2000 yrs.
A continous revolving cycle.
I wish more people understood what you are saying. They would understand the importance of knowing history. Every thing on earth has a cycle, and if you live long enough, you get to see that first hand.
But this is a digital depression. You can't tell who is on food stamps or who is on unemployment or who is getting housing subsidies, etc. Gone are the days of the paper and lines.
I read on some blog they've dubbed this the iDepression.
It also went on to speculate that because you don't see it happening around you it doesn't exist therefore many people are believing that the recession is over.
I wish more people understood what you are saying. They would understand the importance of knowing history. Every thing on earth has a cycle, and if you live long enough, you get to see that first hand.
My mom grew up in the 30's. After my grandfather deserted her, my grandmother supported two kids on the money from serving samples at the local Ralphs. They also had food always on the stove for migrants who were hungry and were fed. This in socal right next to Hollywood.
My mom taught me to always have a supply of food. I don't think she intended to but it was just ingrained in her. But it has been a lesson which has proven very useful in the way life worked out.
But this is a digital depression. You can't tell who is on food stamps or who is on unemployment or who is getting housing subsidies, etc. Gone are the days of the paper and lines.
I read on some blog they've dubbed this the iDepression.
It also went on to speculate that because you don't see it happening around you it doesn't exist therefore many people are believing that the recession is over.
Until it catches up with them. Then they may be surprised when they discover who else is struggling. I think those that are are not reluctant to talk about it with those who share the situation but would rather keep it quiet from others. So the people who want everything to just be fine can delude themselves.
I've noticed that a lot of people seem to have to try multiple cards when they buy groceries or don't know which buttons to push on the state ones. It's interesting how this kind of stuff used to bring impatience on the part of people waiting but now it doesn't.
Until it catches up with them. Then they may be surprised when they discover who else is struggling. I think those that are are not reluctant to talk about it with those who share the situation but would rather keep it quiet from others. So the people who want everything to just be fine can delude themselves.
I've noticed that a lot of people seem to have to try multiple cards when they buy groceries or don't know which buttons to push on the state ones. It's interesting how this kind of stuff used to bring impatience on the part of people waiting but now it doesn't.
Wow..yes I have seen this on several occasions at my supermarket.
Interesting data point.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
