Will We Ever See Another Great Depression? (US)

Discussion in 'Sharemarket News & Market Analysis' started by Nodrog, 2nd Nov, 2019.

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  1. Nodrog

    Nodrog Well-Known Member

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    Will We Ever See Another Great Depression? - A Wealth of Common Sense
     
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  2. Snowball

    Snowball Well-Known Member

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    Down 97%... buy the dip? :D
     
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  3. Paul@PFI

    [email protected] Tax Accounting + SMSF Business Plus Member

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    World market mechanisms are different but a major external issue could be a unknown factor.

    There are some "calamity events" which are a theory that pose a higher risk. Just as before 1996 people only referred to Tsunami's in folklore and "long ago" we know know a major tsunami can destroy huge areas. There is a lot of long term random events that may not quite be so random. They may be probable on a time scale mankind doesnt recall. So its raises the question :
    - Meteor impact
    - Massive volcanic eruption
    - Massive earthquake and tsunami (California ?, Tokyo etc )
    - Power grids (solar flare etc)
    - Pandemic
    - A major terrorist incident eg nuclear or uprising on a world war 3 scale
    - A biohazard...I like to think zombies but the party poopers say its a TV thing.
    - Planetary event. eg a comet or black hole type event
     
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  4. Nodrog

    Nodrog Well-Known Member

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    Nothing like an uplifting post toward the end of the day. I was gonna refrain from drinking beer this afternoon but after reading the above post decided I better enjoy it while I can:D.
     
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  5. Ouga

    Ouga Well-Known Member

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    “Black hole type event” LOL