either the great depression was ended by the war, when wives could and did get manufacturing jobs by the hundreds of thousands, and men were killed by great lots, and when many had to spend not much on whatever except war savings bonds, or
... it was a great coincidence that the great depression effectively, more rather than less, co-terminated with the great peace.
you can believe what you do, and i will remain suspicious until japan's 1990 depression (back out export, then measure by gold) ends on a fine day that should be, or the night that sees usa's credit improve, dollar rise, employment go up on anything other than healthcare, coffee serving, or ... eh ... banking, bankruptcy, and related legal services, and ... oh ... civil service jobs to do with war and homeland defense.
should you be correct, that time is the key, and that time heals bad investments, horrible spending, terrible savings, etc, then we are in more trouble than ever, because what is happening around the world will simply generate more of all that are bad, and extinguish what little remains of the good.
iow, given the current actions (and sure-looks-similar actions during the 1930s), the depression will never end, at least not until one final panic and the ultimate default of all - zero state monetary reset, argentina style, after all that zimbabwe has tried.
btw, interestingly, zimbabwe's hyper inflationary depression has apparently ended, now that it has ceased circulating its own currency in favor of the usd, and effectively defaulted on its domestic serfs.
the usa can try the zimbabwe way, by circulating ... oops, dunno know what ;0) sea shells would do, they are limited in supply and fits the definition of fiat money with limited quantity.
if the z-to-a zimbabwe to argentina experiences are as i view, then we can look forward to the day of zero-state-monetary reset across the entire planet.
who knows, maybe reagan did even win the cold war and generate a peace dividend which helped. in that case, when the homeland empire folds its hand of rotten cards across the globe due to lack of true capital financing and savings utilization (as opposed to recirculation of usd paper served up piping hot off the press), we can look forward to peace dividend ii, the day usa stops spending half of the world's military aggression budget.
dunno, ad no conclusions, just watch & brief points to triangulate on. so far, the script i am relying on is tracking true, and so i will continue to suspect that the depression cannot end until final zero state reset.
recommendation: getgold, get necessarily yielding real estate, get stuff imperatives are made of, and get rid of paper shares, bonds, money, and promises. |
