The End of America

[gunner71]

Originally Posted by NHartphotog

25 years ago I was 100% sure that buying and fixing up my house would help me improve my financial position. Then I was convinced that if I saved everything I could in my 401(k) and invested the money in the newly-hot "mutual funds," I would be assured of a secure retirement. Even 5 years ago, I thought there was going to be some end to the current "recession;" that it was just the normal boom-and-bust business cycle.

Just because it hasn't happened in my lifetime, or my Dad's, doesn't mean it won't happen. My Dad thought the Great Depression would never come again, but according to virtually everyone I know, it did, it has, it continues.

AND the American machine IS STILL running. Just becasue you made MISCALCULATIONS in the past does not mean America has fallen.

[platymapus]

Originally Posted by NHartphotog

25 years ago I was 100% sure that buying and fixing up my house would help me improve my financial position. Then I was convinced that if I saved everything I could in my 401(k) and invested the money in the newly-hot "mutual funds," I would be assured of a secure retirement. Even 5 years ago, I thought there was going to be some end to the current "recession;" that it was just the normal boom-and-bust business cycle.

Just because it hasn't happened in my lifetime, or my Dad's, doesn't mean it won't happen. My Dad thought the Great Depression would never come again, but according to virtually everyone I know, it did, it has, it continues.

Yah, & back in the depression my grandparents made it thru, had my parents & my parents had me & 3 other siblings & well dang if we're not all still here. Thru that horrid wretched time that was supposed to bring us to our knees & according to some naysayers (not pointing any fingers), this time is just as bad if not worse. Gee, how WILL we do it? Might as well throw in the towel folks, this place ain't gonna survive it....