"depression" (in the economic sense) means something different to me, I guess. I don't imagine we'll actually have problems buying bread, a car, a house, etc. We'll still generally have jobs, though unemployment will go up quite a bit. We will have electricity, clean running water, and a pluthera of other luxuries that are still to this day unheard of in most of the world. Will we have to wear clothes a little longer? Maybe, but...I'd prefer to call it a cultural "correction" more than "depression" as it will just take us 1/100th of the distance we need to go to become reasonable global participants, as far as resource usage is concerned.
You may not have problems buying bread, a car, a house, etc. But for myself and my fellow teachers who are all being notified that "our services are no longer needed" we shall go ahead and feel differently on the state of our economy.
I don't mind wearing old clothes, I am not that shallow. What I do mind is that the career of service that I have chosen, a career that was never going to pay me that much to begin with, may well end before it begins.
When they are laying off teachers in Lynwood, where nobody wants to work, then I am going to say that we are in the first stages of a depression.
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I don't mind wearing old clothes, I am not that shallow. What I do mind is that the career of service that I have chosen, a career that was never going to pay me that much to begin with, may well end before it begins.
When they are laying off teachers in Lynwood, where nobody wants to work, then I am going to say that we are in the first stages of a depression.
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