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Reply #34: Let's Be Optimistic [View All]

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visceral Donating Member (22 posts) Send PM | Profile | Ignore Thu Feb-03-05 11:30 PM
Response to Reply #30
34. Let's Be Optimistic
Edited on Thu Feb-03-05 11:31 PM by visceral
We now have much more of a "world economy." 1929 was a completely different era. Does anyone honestly believe that our economy is capable of total collapse as in 1929. Be realistic. The banking industry now has safety nets that it did not have in 1929. While it saddens me to say this, there are too many other nations and international corporations that have entirely too much invested in America's economy to sit back and watch it bankrupt. Do you know anyone whose predicting total economic failure any time soon? Do you really have that little faith in our open-market system? Don't let pessimism ruin your day man!
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