At this point in 08 you didn't hear it from those "Fake News" networks neitherOctjan2 wrote:Why do I keep hearing comparisons to 2008??? Is the entire banking system collapsing? Did I miss that on CNN, CNBC, etc.
But I'm not ready to except that kind of scenario myself. But my gut tells me it's going to get worse before it gets better.
History Does Not Repeat, It Rhymes.
Ernest Hemingway in The Sun Also Rises offered important insight into debt.
Bill and Mike are talking:
Mike: “Frightful blow … when I went bankrupt.”
Bill: “How did you go bankrupt?”
Mike: “Two ways, Gradually and then suddenly.”