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America Is In The Great Depression

by | 15th, September 2008

WRITES Cheryl from the US:

It is a nightmare over here, trust me! Drive down the streets in very nice areas and Foreclosures signs going up right and left. Stock market took quite a hit today and some people are losing their life’s savings in one fell swoop. Gas went up the other day in some places by 89 cents more per gallon add-on to already outrageous prices even before Ike hit Texas! I was reading an article last week about the potential for suicides by people losing their homes. Trying to remember history but believe it was the Crash of 1929 or 32 that caused the multitude of people to kill themselves who lost everything and thus the Great Depression. Here is something from the news over here today but not the latest and it only worsens.

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Posted: 15th, September 2008 | In: Back pages, Money Comments (8) | TrackBack | Permalink