Posted 5/23/2016 20:52 (#5316858 - in reply to #5316710) Subject: RE: The Forgotten Depression
Mccune KS
I wouldn't want to tell them.
But google there cheese.
Google under shopping.
Then look at the possible spread
of profit. Not saying there is any and I'm
looking at it in a simplistic view.
If you have a hard asset to sell.
That is what we all will agree on.
It's a example of a skill that can't be taken
away. Like farming.
Right up in a mag yrs ago about moving down
south to farm.
All about fundamental ideas that work.
Yes, some cases large capital needed etc.
Believe it was the late 80's it was the norm
To figure in bankrupcy.
Then laws changed.
I remember the Reagan yrs and welfare and
speedo 55.
Use to be welfare got partial cash payments.
Also remember local plant starting $13 hr
good enough money to live good on with
no skill set.
Small bizes here is the norm to fill needs.
The above is terrible but how it's handled is the key.
Late 80's was basically( buy house/good job/borrow equity/cred cards/max retirement/file bank rupt)
People that had money.
Bad part is someone had to pay for all that.
The death of Keynesianism
