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Mondern day depression?
Does anyone else feel like we are all financially headed for another Depression? The only difference I can see at this point is there hasn't been a huge run on the banks because they are supposed to be insured. But at this point does the insurance matter when the government itself doesn't have any money either. People are losing jobs by the minute and the states are running out of unemployment and welfare benefits.
Does anyone think that instead of using the money to bailout banks that were failing, they should have waited and used it to rebuild when the collapse is done? I don't see were this bailout is going to help anyone that truly needs it. Companies are still shutting doors. And the new president himself says it's going to get worse.
Does anyone else feel like we are totally screwed?
this was supposed to go into finance. Yahoo took it upon itself to post in the Mental Health category, sorry.
yeah, i think so too...
the only thing i could think of was for the government to ask for donations to help out. i mean obama got something like 400 million dollars in donations for his campaign, so why cant they have some sort of fund raiser to go towards to economy? if ONE man can get that much money just for the CHANCE to be president, i'm sure people would be willing to donate to the government if they thought it might help the economy
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