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To: LindyBill who wrote (520905)11/8/2012 7:57:33 PM
From: goldworldnet1 Recommendation  Respond to of 793890
 
You may be right. The Fed may have only smoothed out the edges where the severity of what we are going through isn't as obvious. Also you mentioned that FDR's second term was worse than the first. Part of that may have been the savings some had being exhausted. The longer bad economic conditions persist, the more there are that are reduced to poverty.
I fully expect that, 30 years from now, we will look upon this period as "the second great depression."
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To: LindyBill who wrote (520905)11/8/2012 8:40:22 PM
From: skinowski  Respond to of 793890
 
>>>>
I fully expect that, 30 years from now, we will look upon this period as "the second Great Depression"


Hate to say it, but it seems true. As slow motion socio-economic decline (collapse?), smoothed over by (basically) counterfeit trillions. Have you heard this, our liberal brethren? These are wages of YOUR sins.


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