So how did the great depression end? Most people understand how it started with the oversupply of money and cheap credit that led to an unsustainable credit driven boom. But how did it end? The short answer is WW2. So if we truly go into a world wide depression how will we come out of it? WW3? It's a scary thought...
Labels: economy
posted by syed at 2:33 AM
An accidental Enterprise Architect, coming upon the career after completing his MBA in finance from Duke University and looking a career that merged his background in technology and new found interest and appreciation for the non-technological elements of an organization. Syed has 10 years of experience working in various roles in banking, telecom and federal governments. In his spare time, Syed enjoys playing peek a boo with his 2 year old son and advocating bare foot running to the running community in Riyadh.
3 Comments:
That's what I have been thinking. Well, it's been nice knowing you Syed.
scary indeed!
Nice knowing you too Chance, I hear investing in gold is the way to go right now.
It is scary Kiat, knowing that we have enough Nuclear weapons, by some estimates, to destroy the world 7 times over.
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