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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: KyrosL who wrote (47284)3/9/2009 7:01:30 PM
From: Little Joe  Read Replies (1) | Respond to of 217871
 
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



To: KyrosL who wrote (47284)3/10/2009 7:57:29 AM
From: Chas.  Respond to of 217871
 
I'm surprised that you don't see the Social differences and peoples attitudes between 1927 and 2009....

totally different with predictable end results...

regards



To: KyrosL who wrote (47284)3/10/2009 6:48:30 PM
From: TobagoJack  Read Replies (1) | Respond to of 217871
 
i think much of the assumptions taken for granted over the past 80 years must be reexamined and carefully

the thought that usa 'life style' (i.e. consumption of cars) can be cut by 50% without social consequence must be faulty if any assumption is faulty

the idea that the social fabric will remain intact as 3% of the rural population make out on 97% of urban dwellers cannot hold water

otoh, here, in europe, where most families have one car, continuing on with one car must be ok

in china and india, where the majority, small and large respectively, must be allowed to benefit at the cost of the urban, and so they shall

remember Message 24314922 our discussion regarding greece and gold?

just a followup. had the greeks bought gold when i first recommended, or any time along the way per all iterative recommendations since then, they would not need to riot now. the idea that their supposed thrift and alleged caution could prevent the state and with it, the people from bankruptcy, in hindsight, is not a sound assumption.