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Originally Posted by Willravel
The fact is that the late 80s/early 90s recession was technically worse than the great depression, but somehow the effect was no where near as bad.
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You know, I grew up in the late 80's and early 90's, and my grandfather, who I dearly miss, grew up in the 20's and was shipped off to war in Europe at the age of 19.
From the stories he told me, I'm surprised a country boy from Arkansas lived long enough to be shipped off to war.
Will, the late 80's and early 90's weren't any where near the great depression. It doesn't matter how you measure it.
You can lose sight of the forest amongst all the trees.
I'm honestly not smart enough to contribute to a discussion about economic theory, but when it comes to my money, I know how to spend it better than the government does. I'm no where near rich, and probably never will be, but I know the same principle would apply if I ever was.