Posted by: Marshall Sponder | March 20, 2008

The beginning of Depression 2008-09

Spooky – but this was predictable – it’s like 1929 happening all over again – am I reading too much into this clip?

What do you think?

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Responses

  1. The sub prime mess is just half over and we are already on the edge. When the ARM crisis hits along with the commercial real estate crisis to come we will be in a full scale depression of depths we have never seen. The credit card crisis and the auto loan crisis kicks in, it will be overwhelming for the new president and U.S. Government.

    A lot more misery and pain for the U.S. We will have another depression by the middle or end of 09.


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