Universal Ramblings

The Roaring Twenties were so great, everybody thought the economy would be fantastic forever. So people were borrowing on margin left and right.

Good times led to loose planning.

Then the Great Depression began.

Then WWII.

Did the U.S. government lack the resources to avert the war? Maybe if there had been no Depression, we could have prevented it? And if that's the case, then the Roarin' Twenties could be to blame.

In the 1990's, computers made things seem fantastic. Everything was going great. Dot Com millionaires were being born every day. We thought it would last forever...

Then Y2K and millennial fears coupled with our over-estimated stock prices, and the bubble burst.

Then 9/11 happened.

We seemed to be recovering, but people were taking out loans and buying homes they couldn't afford.

The banks started foreclosing, losing money, and a cascade effect began...

Could the good times of the '90's be leading toward another Great Depression that predates the Third World War?

And since we're living in the Information Age, will the cycle repeat itself more rapidly this time around?

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