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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.94+0.2%Nov 19 4:00 PM EST

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To: KyrosL who wrote (47284)3/9/2009 7:01:30 PM
From: Little Joe  Read Replies (1) of 217882
 
Don't know if we will have a breakdown but the other side of the coin is that many more people lived on farms and had usable skills. For example my grandmother made and sold wine to help out.

Also families were bigger. During the depression it was not unusual for extended to live together and share income. At one time or another during the depression each of their four children and their grandchildren lived in the family home.

People's expectations were not that high then either. It was not unusual not to own a car and you could get anywhere you wanted to on public transportation.

You could walk the cities safely in all of the cities so it was safe to walk and my granparents even well into the fifties often walked 4 or 5 miles and saved car fare. Today most of us live too far from work to walk there.

These are just a few differences that come to mind. Not sure how it all shakes out and I hope you are right, but who knows, none of us has lived through a depression unless in their eighties.

lj
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