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We Are Living in a ‘Modern-Day Depression’: David Rosenberg

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We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by jculp49 on Tue Jun 26, 2012 9:45 am

http://finance.yahoo.com/blogs/daily-ticker/living-modern-day-depression-david-rosenberg-121332909.html

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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by jmainframe on Wed Jun 27, 2012 4:14 am

This is something that me and many of the regular members of this group have known all along. And NO, the recession did NOT end in June, 2009 as the government keeps trying to tell us! Eventually the governement will tell us, say 5 years from now that we did experience a depression. For now though, in order to minimumize panic and civil unrest from the systematic taking away of people's possessions, the government insists we were in a deep recession (or "Great Recession"), which ended in June, 2009.

“If you tell a lie big enough and keep repeating it, people will eventually come to believe it." - Josef Goebbels

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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by Guest on Wed Jun 27, 2012 4:30 pm

Amen. Well said jmain

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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by Guest on Wed Jun 27, 2012 11:54 pm

I don't agree. In this state of transition there will the ones that smartly move forward anyway possible and also those that will direct their (and others) energy away from reality and will sadly be sewer bound.

I lived in a tent for almost a year and felt a big machine would eventually save me. When I finally faced the facts and truth I reached out and was saved to eventually run a business.

I am not a young child seeking the government's dry nipple. Neither should anyone else be. America is not a socialist country, at least last time I was born into it.

Were does anyone get off blaming their blue sky? It went gray because of all of us. Finger pointing I guess pacifys.

But not for me. This is reality.

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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by jmainframe on Thu Jun 28, 2012 3:50 am

Hey Alone, Congratulations on your decision to start a business! Continued success to you. I know starting and growing a business is not easy and usually ends in failure. If it were easy and successful most of the time, everyone would be doing it. By the way, I sent you an email asking your assistance on a venture I was considering and never got a response. Did you receive it? Email me and we can discuss it offline.

For many if not most however, their reality is quite different. It's one of frustration and desperation, seeing how after working hard first to earn a degree and then at their careers all of their adult lives, only to have their livelyhoods, followed by their possessions taken away from them through no fault of their own.

We are not talking about lazy people here. These are highly motivated, in some cases highly educated people who's only crime was playing by the rules and being productive tax-paying citizens.

I suppose reality is all dependent upon one's frame of reference.


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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by Guest on Thu Jun 28, 2012 8:35 am

For many of us, it's a question of start up costs and spending money we don't have. In addition, there was a program in NJ to help, but I have absolutely no income and didn't qualify. Sadly, in the last 4 years, saving money didn't enter the realm, it was all about cutting to the bone to survive.

I too am happy for you alone, would love to know the details of how you were able to get things started. I wish for you all the success in the world. Living in a tent must have been an eye opener for sure and and sincerely happy you found your way out.

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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

Post by Jobless_in_Ma on Thu Jun 28, 2012 12:00 pm

I am attempting to start a painting and handyman business. I have made up some business cards and have hit the neighborhood handin them out. It's a start. Breaking into a business when there are many established ones already is tough. Having no money to really advertise and get things in motion is another battle.
Having been through 2 plus years already of unemployment my outlook is far different. Working for the "man" isn't cutting it anymore for me.

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Re: We Are Living in a ‘Modern-Day Depression’: David Rosenberg

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