Quote:
Originally Posted by jrc
Certain industries are the carnary's in the coal mine and react sooner and more violently than others. I'm guessing SA sells cars. I don't doubt that some people will be seriously hurt by this downturn. We may even slip into a recession.
I think that the lake will be slower than average this year, but I don't predict a huge difference from last year. I also expect a crash in oil prices, today's prices are a bubble.
I do think people tend to like hypebole and like to say things are the worst or best ever. All the politcal "worst ever" proclamations in the last few years, just prove that some people never read a history book. Or they mean it's the worst they can remember.
I pray that this economic downturn is not "as bad as it's ever been"
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I remember this posting from months back, in discussing the economy. And the quote of "as bad as it's been" followed by the picture of people living in tents back in the depression. (the point being, things will never get that bad).
Well, read this:
Just plain scary...
http://www.msnbc.msn.com/id/26776283/