old steel
11th July 2012, 05:25 PM
I think the Depression is starting to have serious social consequences...
Even before the Depression most family arguments were about "Money"...
Lately I seem to be seeing a lot of people arguing...screaming at each other...its never quite clear what the issue is...but I suspect that money is at the root of it...
Especially younger people... who have no point of reference for what is normal...are at risk... Of course that is also a blessing because they don't know what to expect...
There are a lot of people 'doubling up'...kids living at home...massive student loans...no real jobs...houses underwater...but people are paying anyway...because they need a place to live and bad credit is a killer...
Seniors trying to live on life savings that pay...00001% at the bank...while CEO's wallow in record profits, bonuses with MASSIVE CASH BALANCES ON THEIR BOOKS...!
Seniors are going back to work...even as their grandkids move home for free rent...
This Depression is really starting to bite... I sense that dark clouds are gathering...and many people are finally realizing that this isn't going away anytime soon.
I CAN HARDLY WAIT FOR MITT TO FIX IT...!
HANG IN THERE...HELP IS ON THE WAY...AND MAYBE MORE FOOD STAMPS...AND RENT VOUCHERS...!!
http://gloomanddoom.blogspot.ca/2012/07/dark-clouds-of-this-depression.html
Even before the Depression most family arguments were about "Money"...
Lately I seem to be seeing a lot of people arguing...screaming at each other...its never quite clear what the issue is...but I suspect that money is at the root of it...
Especially younger people... who have no point of reference for what is normal...are at risk... Of course that is also a blessing because they don't know what to expect...
There are a lot of people 'doubling up'...kids living at home...massive student loans...no real jobs...houses underwater...but people are paying anyway...because they need a place to live and bad credit is a killer...
Seniors trying to live on life savings that pay...00001% at the bank...while CEO's wallow in record profits, bonuses with MASSIVE CASH BALANCES ON THEIR BOOKS...!
Seniors are going back to work...even as their grandkids move home for free rent...
This Depression is really starting to bite... I sense that dark clouds are gathering...and many people are finally realizing that this isn't going away anytime soon.
I CAN HARDLY WAIT FOR MITT TO FIX IT...!
HANG IN THERE...HELP IS ON THE WAY...AND MAYBE MORE FOOD STAMPS...AND RENT VOUCHERS...!!
http://gloomanddoom.blogspot.ca/2012/07/dark-clouds-of-this-depression.html