great depression fall looms..., page-69

mreinke:

I tend to agree with your 20's scenario. Since China is the 'next super economy', it is entirely possible that China is repeating what the US did in 20's, ie bringing huge boom. Therefore, depression of 30's is more likely than ever. That's why I believe we need to do everything we can right now to shield ourselves from retrenchment/negative asset, especially after seeing so many overconfident new graduates from uni!