Thursday, December 3, 2009
depression
I think people have learned a lot since the great depression. I don’t think another depression as significant as that because the consumer economy has grown a great amount. Also, there is a lot more trading between countries, so I don't think our economy will drop to the point of the great depression. It's not something I think about because as I said, people are smarter and buy and share stocks more wisely. If something that bad did ever happen, I think more people would get involved, and have it solved more quickly because the country is too high up in the world than it was back then and we can't afford to drop especially since there is a war going on.
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