If not you might want to. We are following one heck of a previously paved road here. Kiss Social security, workers comp, unemployment, and public assistance goodbye.
Seriously though if this happens...and it seems to be well on it's way since the working person fuels this economy, and jobs are dropping out of sight everywhere. How will you survive?
Answer by gemgem at 11:49 AM on Feb. 4, 2009
We have financially prepared ourself as best we can. We have cut back on things we paid for as everyday expenses in our life (eating out, housekeeper, etc). We are saving more and more then before. In college I lived with my grandmother for a short time. I learned a lot about her lifestyle (endured the depression) to notice in 1991 we were a society of materialism and quick response. Making your own food, canning, sewing, and saving inlo of spending is a WIN WIN in so many ways. Not only does it prepare you to become self sufficient~ It also allows more time with family. It allows you to pass down recipes, sewing techniques, etc that you have learned from mom and grandma. My current business plan may not survive a depression, but I am working on a backup plan. Innovation, Independence, and Perseverance. THAT is the American way! jmo
Answer by grlygrlz2 at 12:03 PM on Feb. 4, 2009
Answer by NotPanicking at 12:06 PM on Feb. 4, 2009
Answer by Anonymous at 12:12 PM on Feb. 4, 2009
NotPanicking took the words right out of my mouth. I think those who believe this is the next Great Depression need to really look at history a little more. We are nowhere near the Great Depression. The Great Depression happened during a time when several things happened all at once, including a cyclical economic downturn. Then there was the Dust Bowl which was not caused by the economy, but did contribute to already tough times making things worse for people there. It was actually very strange how so many factors came together at once during that time to create what is now seen as the Great Depression. I doubt all those things will happen all at once again...
Answer by anime_mom619 at 12:45 PM on Feb. 4, 2009
Answer by akinbottom2 at 3:26 PM on Feb. 4, 2009
Next question overall
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