Daniel Herkes

2009 Depression Will Be Nothing Like 1929

Hi,

THis article is still right on as far as I can tell.

www.boston.com/bostong.../


On Mar 06 06:14 AM 22thoroughbred wrote:

> I still want to know what a "depression" looks like when people have
> some assets, during '29 our grandparents lived check to check, waited
> in soup and bread lines, etc. because they had no savings, today
> a reasonable percentage of people have a 401K with $100k or more,
> have some money saved, so what will an '09 depression look like,
> because honestly I believe as an economy we are there and it will
> get worse before it gets better. Thoughtful replies please