bankruptcy trends
The US in another Great Depression?? Can it also lead to a WW3?
Obviously the US is in a recession right now. We owe so much money to other nations nearing $10 trillion compared to around $5 trillion a couple of years ago. Unepmloyement is going up each and every day(although not drastically). Large companies and banks have already disappeared or filed for bankruptcy. We have only allowed $700 billion to help consumers and the economy yet more is needed than that. And Dow Jones, S&P 500, and NASDAQ have gains and loses everyday which leads to uncertainty about what the hell might happen to the economy. And dammit Americans are so dam into material goods that every time thers a new trend everyone has to have. Then we lose jobs to other countries with cheap labor. We dont even invest in our contries infrastructure to help our country. And more things that for a 15 year old kid just gets oring typing lol.
And can any of this lead to a WW3??
We arent anywhere near the great depression of the 1930s. When you see millionares start to throw themselves out of skyscrapers because they have lost it all and thousands lined up in soup lines in every major city across the country while physically fighting for a dayjob to dig a ditch for minimum wage then you will know weve hit the great depression again.
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