It's such a shame we are doing this to an entire generation of kids, but it's going to make the next 30 years or so a real challenge for us all when the next great recession hits because of it, only this time no one will have the funds to "buy our way out of it."
The next recession is already here. It is slowly building momentum.
It's not a recession when it's a Depression.
[
link to www.economicshelp.org]
A recession is characterised as a period of negative economic growth for two consecutive quarters. In a recession, unemployment will rise, output fall and government borrowing increase.
A depression is a recession much more severe and long lasting. There is no agreed upon definition of a depression. But, generally a depression would have some of the following characteristics.
Decline in output for a prolonged period e.g. greater than 2 years.
A drop in output of 10% or greater.
-----------------------About a 50% snip-----------------------
I like this quote on that link: “A recession is when your neighbor loses his job; a depression is when you lose yours.”.
I should also mention too that with a recession there would be the prospect of jobs if you look hard enough. With an economic depression look at what happened during the Great Depression 1.0. You think our grand parents and their parents had it hard? Think again.
They had it remarkably easy to how we have it today. Most people back then were already hard working and well skilled in whatever crafts/jobs they were actively doing. They didn't have ANY of our fancy technological marvels to destroy them mind, body, and soul to the point of worshiping at the altar of Lucifer with such amazing ease. Not only will the Fall of the United States of America will be extremely devastating to all Americans, except for the rich of course, but it will be so far beyond what happened to "Holy" Roman Empire of old. When the Roman Empire fell it completely destroyed the then Modern Society which strongly contributed to the Dark Ages. I'm not talking about the Muslims' overwhelming contributions to Europe's Dark Ages as that's a different topic for another thread.
There's not much written about what happened after the Fall of Rome for three reasons really. The eastern half of the Roman Empire took over and that became horrifically Corrupted really. Secondly the Library of Alexandra was burnt to a crisp and officially everything in the Library was burnt to ashes. Thrice how can you operate an Empire when your leaders have gone totally out of their way to destroy your way of life and your enemies actively plunder your life before ultimately raping and killing you and your entire bloodline?
Couple this with the fact so many of us, myself included, are so enamored with our electronics especially smart phones and/or other mobile devices that we have totally lost all rationale and capability to cope with reality without our Skynet monitored electronics. Even if EMPs don't wipe out our electronic gadgets when our Economic Bubble is finally burst by the Illuminati members who have been actively propping up not only our country's economy solo, but have been the ones this whole time maintaining your and my lifestyles.
We're on the verge of losing literally everything with this country. Trump may be doing his best to repair the damages with our Government and national economy, but the Illuminati members - Rothschilds and Rockefellers via their Federal Reserve Banking System. The Federal Reserve is what has been enabling us to live out our tiny slice of the American Dream. Once the Federal Reserve is either destroyed or their Masters/Owners really decide that now it's time to initiate the great Luciferian NWO takeover not a single one of us will do anything about it, including myself. Why? Because survival will be far more important to ourselves and our families than bothering to try to take down Lucifer and his Fallen Angels both physically and spiritually. That's a problem that will require Divine Intervention, and that ain't happenin' any time soon unfortunately for us all.
