Tuesday, April 28, 2009
This Second Great Depression that has begun in 2009 will last for 10 years. This Depression shall spare no economy, no corporation and no man. The titans of today will become the paupers of tomorrow. Joint families staying in one home will be the norm from the nuclear family. Unhealthy family dynamics which were swished under the carpet for years will need to be resolved for the families to survive this Depression. We are heading back to a lifestyle that was followed many decades ago. Those people who labour hard and are smart will survive. Savings will become the norm. We only have to turn to the pages of our history books of the 1929 depression which translated into World War II. This Depression will translate into WWIII. Unfortunately the global banks cannot be saved. People who have their savings in these banks will wake up one day and find a run on their banks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment