That seems unlikely to me. But I think it's worse than typical. I know people who are seeing signs that the bottom may have been found. Don't know about that. It could be a long U-shaped bottom.
My hobby is an expensive one that is a luxury people can live without. People are still racing. I'm sure people are still sailing, going skiing, eating out, etc. But less often, and on a smaller scale. So there's some money lubricating the economy. My understanding of the Depression is that money just dried up, which led to a collapse of commerce.
|
My hobby is an expensive one that is a luxury people can live without. People are still racing. I'm sure people are still sailing, going skiing, eating out, etc. But less often, and on a smaller scale. So there's some money lubricating the economy. My understanding of the Depression is that money just dried up, which led to a collapse of commerce.
- mark 4-03-2009 6:50 am