Thread: 2009 - it's going to get even worse

From The Times
January 2, 2009

An accurate economic forecast is possible for 2009 - it's going to get even worse

Lilly Peel

John Kenneth Galbraith, the visionary economist who built his reputation questioning conventional wisdom, once said: “There are two classes of forecasters: those who don't know, and those who don't know they don't know.â€

It is heart rendering to read about and/or hear all of these horrible predictions about where our economy is heading, particulary when this crisis was created by greed and manipulation by those in our own government and business elites that betrayed us.

It is heart rendering to read about and/or hear all of these horrible predictions about where our economy is heading, particulary when this crisis was created by greed and manipulation by those in our own government and business elites that betrayed us.

Doesn't it just make your blood boil? Life is hard enough without a few setting out to purposely destroy you no matter what you do.

My now deceased parents were born during the first Great Depression...Sadly I fear their grandchildren might see another one.

I think that we are already in the beginning of a depression, although they will lie to us for as long as possible saying we are not.