

The Great Depression of 2009
January 19, 2009
00:00
0
Why we Couldn't Be More Optimistic
It's the worst rise in unemployment since 1945. And we just faced the worst annualized drop in the stock market since 1932. We're shaping up for a "perfect storm." Comparing ourselves with FDR's scenario, we're facing 10X the debt, 3X the socialism, far less global economic resilience, far less room to grow on technological productivity, and far less national character than anything FDR had to work with. Sorry BO.
But Kevin Swanson couldn't be more optimistic! Every breakdown affords an opportunity for rebuilding. With the reshuffling of the economic deck of cards, we're going to start asking some of the basic questions, like -- is it really worth it to spend $80 grand on your kid's secular college education, so he can graduate with a 10% chance at a $32K a year job?
It's the worst rise in unemployment since 1945. And we just faced the worst annualized drop in the stock market since 1932. We're shaping up for a "perfect storm." Comparing ourselves with FDR's scenario, we're facing 10X the debt, 3X the socialism, far less global economic resilience, far less room to grow on technological productivity, and far less national character than anything FDR had to work with. Sorry BO.
But Kevin Swanson couldn't be more optimistic! Every breakdown affords an opportunity for rebuilding. With the reshuffling of the economic deck of cards, we're going to start asking some of the basic questions, like -- is it really worth it to spend $80 grand on your kid's secular college education, so he can graduate with a 10% chance at a $32K a year job?
Featured Resources From Generations Radio

Taking the World for Jesus
Order
This is the retelling of the most exciting story in all of human history. Something truly remarkable occurred when Jesus Christ rose from the dead and gave His disciples a great commission. The world would never be the same again. Kevin Swanson takes the reader through the 2,000 year worldwide saga of this epochal mission to the world. From Judea to Rome, Ireland, Denmark, China, Japan, Uganda, New Zealand, and to the uttermost parts of the earth, the light of Christ shines into the darkness, transforming every nation throughout the centuries.

