Doug Poretz

2009 Depression Will Be Nothing Like 1929

Your comments make total sense if you think that the current crisis is economic in nature, but it isn't -- it is cultural and it will have cultural, social and political consequences. If you look around the world -- every section of the world -- you will see the emergence of a political phenomenon that is very scary: middle/working class protests aginst ruling governments and the upper class that the protestors hold responsible for their predicaments -- these protests are growing in frequency, number and intensity, often morphing into riots. I have chronicled many of these events and tied them together here: tinyurl.com/ccsga4 This is a very serious trend that is being missed by the news media. It needs attention.