(post 2900904) in Friends

jstalin Re: IF gas prices go to $10, and these major disasters continue......

I think about other periods of time in history and realize that things aren't near as bad as they have been. Just look at what happened during the 70's with gas shortages and rationing, stagflation, high unemployment, 12% interest rates, etc. Things are bad now, but not even close to that. And what about the ultimate economic disaster - the depression, where unemployment rose as high as 25%. Whew, we're at about 5% now... not even close.
Even though it feels bad, remember that it's been a hell of a lot worse and civilization made it through.
IP: tAtA0JfvJNOw6qUn

Re: IF gas prices go to $10, and these major disasters continue...... by What-A-Coincidence on

Re: IF gas prices go to $10, and these major disasters continue...... by Gordy on

Re: IF gas prices go to $10, and these major disasters continue...... by AK - Jeff on

Re: IF gas prices go to $10, and these major disasters continue...... by Gordy on

Re: IF gas prices go to $10, and these major disasters continue...... by jaguarbass on

Re: Re: IF gas prices go to $10, and these major disasters continue...... by TopHat on

Re: IF gas prices go to $10, and these major disasters continue...... by FlyingHighNow on

jstalin	Re: IF gas prices go to $10, and these major disasters continue......
	I think about other periods of time in history and realize that things aren't near as bad as they have been. Just look at what happened during the 70's with gas shortages and rationing, stagflation, high unemployment, 12% interest rates, etc. Things are bad now, but not even close to that. And what about the ultimate economic disaster - the depression, where unemployment rose as high as 25%. Whew, we're at about 5% now... not even close. Even though it feels bad, remember that it's been a hell of a lot worse and civilization made it through.
IP: tAtA0JfvJNOw6qUn