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  LiveWire / Teen Forums / World News & Current Events / Viewing Topic

Struggling Economy
Next great depression?
Replies: 7 — Last Post Nov. 11, 2008 3:23pm by nerd4life
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( ilovetosuck )


Wealthy Hobo 		Reply
I've been partially worried about this, only because idk what may family would do should we hit another great depression. I've no other family here. They're all in Canada. And even my family in Canada are struggling finaincially, but far less than us here.

Anyone else worried about the economy's status?

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Hippopotomonstrosesquippedaliophobia: Fear of long words

11:38 am on Nov. 9, 2008 | Joined: Mar. 2005 | Days Active: 301
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Aliboo


Soothsayer 		Reply
Its gone to shit already

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"Tell them to look up, tell them to remember the stars." Renee, TWLOHA.com
11:39 am on Nov. 9, 2008 | Joined: Oct. 2007 | Days Active: 413
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Dannay


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Patron 		Reply
yes

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Chicken
11:39 am on Nov. 9, 2008 | Joined: Mar. 2008 | Days Active: 151
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bighead1991


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Tech Support Leader 		Reply
Its going to happen no matter what, but afterwards we are going to have a bigger boom period so :).

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bam.
11:40 am on Nov. 9, 2008 | Joined: Feb. 2005 | Days Active: 1,261
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tell me again


it's a face
Patron 		Reply
It sucks (esp since the australian dollar has fallen more than the US dollar and i'm living on australian dollars right now in the US).. but not to the point of "worried", no.
11:42 am on Nov. 9, 2008 | Joined: June 2006 | Days Active: 784
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ReturnOfPatches


Executive 		Reply
We are already in a depression. My mom has lost a ridiculous amount of money on her investments. It's here already, and it's worse than the 30's.

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"But don't look back in anger,"
I heard you say.
11:45 am on Nov. 9, 2008 | Joined: Sep. 2008 | Days Active: 124
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tell me again


it's a face
Patron 		Reply
Quote: from ReturnOfPatches at 11:45 am on Nov. 9, 2008
We are already in a depression. My mom has lost a ridiculous amount of money on her investments. It's here already, and it's worse than the 30's.

Not really

11:46 am on Nov. 9, 2008 | Joined: June 2006 | Days Active: 784
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nerd4life


Technician 		Reply
Its not even as close as the 30s we haven hit rock bottom.yet.
3:23 pm on Nov. 11, 2008 | Joined: May 2008 | Days Active: 25
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