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Has Anyone Lived Through A Depression ?


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So, we could be on the verge of a very nasty financial collapse.

I understand, to a degree, the glee and gloating that some folk have opined on this forum - especially at the come-uppance of those

who have considerable wealth.

But, what would life be like if we did have a Depression ?

Go and ask some octo/nonogenarians what it was like living in the 1930's. No food, no heat, no clothing.

Life expectancy much less then we have today. For the majority, life was very unpleasant.

Can we really imagine that ? No - because anyone born post-war has had a very easy life in comparison.

Unwell ? - go the Doctor

Toothache ? - go the Dentist

Hungry ? - go to the fridge

Travel ? - jump in the car

These are all things we take for granted. It hasn't always been like this and we should remember this.

An economic collapse will be very bad for everyone - and just because you have nowt now doesn't mean you'll be immune to the fall-out.

If you're not worried, then you should be.......

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So, we could be on the verge of a very nasty financial collapse.

I understand, to a degree, the glee and gloating that some folk have opined on this forum - especially at the come-uppance of those

who have considerable wealth.

But, what would life be like if we did have a Depression ?

Go and ask some octo/nonogenarians what it was like living in the 1930's. No food, no heat, no clothing.

Life expectancy much less then we have today. For the majority, life was very unpleasant.

Can we really imagine that ? No - because anyone born post-war has had a very easy life in comparison.

Unwell ? - go the Doctor

Toothache ? - go the Dentist

Hungry ? - go to the fridge

Travel ? - jump in the car

These are all things we take for granted. It hasn't always been like this and we should remember this.

An economic collapse will be very bad for everyone - and just because you have nowt now doesn't mean you'll be immune to the fall-out.

If you're not worried, then you should be.......

I doubt many here are naive enough to think that many of the wealthy elite are going to be seriously affected by any depression ... they are the one class of people uniquely equipped to escape it or even profit from it.

I suspect that you have confused people warning of what is likely to happen with actually wanting it to happen. Seems to be a common misconception on internet forums or maybe you just want to rail against the prevailing mood here.

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I understand, to a degree, the glee and gloating that some folk have opined on this forum - especially at the come-uppance of those

who have considerable wealth.

I'd imagine those with considerable wealth will be just fine. The ones with considerable debt masquerading as wealth, however, won't be.

How do you define "wealth"?

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They just realise the sooner we have the depression the less painful it will be ergo the longer they drag it out the worse it will be.

A short sharp recession would have occured after the dot com bubble popped but they had to try reinflate with bubbles , if they had just taken the medicine back in 1999 we would be in FAR better shape right now.

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At least we should get the very real pleasure of seeing plutocratic CEOs, senior bankers, hedge-fund managers, MPs past and present of all colours and property-porn presenters all slowly lynched on piano-wire from the lamp-posts.

Personally I intend to stay safely drunken throughout the entire duration

Perhaps the mob would lynch you for being drunk, big or a man?

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Perhaps the mob would lynch you for being drunk, big or a man?

As an optimistic fatalist, I look forward to spending my last moments unzipping my flies and urinating on the heads of the braying gormless unwashed mob one last time.

That's why you should always tie someone's hands behind their back before lynching them.

And if they should tie my hands behind my back, duct tape my mouth and hammer a large cork up my bottom before lynching me, I'll hum the theme tune from "Coronation Street".

Never let it be said that I don't think these things through.

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I suspect that you have confused people warning of what is likely to happen with actually wanting it to happen. Seems to be a common misconception on internet forums or maybe you just want to rail against the prevailing mood here.

Oh, there is definitely a mix of attitudes here. Whilst some of us, and I include myself, are rather moderate and are interested in sensible debate you just can't deny that many people do like to stir things up and certainly appear to be enjoying the prospect of anarchy.

I suspect OP is directing his comment at the latter and not the former types.

However I guess that OP is a little naive when it comes to understanding how Internet forums work, there's just no point arguing with some people.

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But, what would life be like if we did have a Depression ?

Go and ask some octo/nonogenarians what it was like living in the 1930's. No food, no heat, no clothing.

Life expectancy much less then we have today. For the majority, life was very unpleasant.

This is nonsense. Most people had heat and food and clothing. Do you really think they wandered around naked? Or froze to death?

Life was not necessarily very unpleasant either. If you're young, (and my father was young), life is always exciting.

If the whole damn thing collapses, and the guillotine is working up a sweat in a foreign country near you, England will still be an oligarchy, where the bottom 50% have nothing.

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Keep plenty of cash in small denominations.My ex father in law in the U.S. who lived through the 30's told me that they had to send a fifty dollar bill to the state capital to get it changed as the banks in town didn't have that much and that you could have bought a farm for $20.

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At least we should get the very real pleasure of seeing plutocratic CEOs, senior bankers, hedge-fund managers, MPs past and present of all colours and property-porn presenters all slowly lynched on piano-wire from the lamp-posts.

Personally I intend to stay safely drunken throughout the entire duration

The novel "I am Legend " comes to mind. You might need some loud music too?

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I don't think many of the 'Old money' rich suffered in the 1930's.

Certainly, banksters and stock and share merchants crashed, and a whole raft of genteel folk living on dividends were in a bad way.

It was the working class that suffered. My father had a Civil Service job, but had to support his parents because his father, a docker, was almost permanently either out of work or on short time. The social consequences meant that people like my father could not contemplate marriage until the war came and changed everything. Suddenly, there were plenty of jobs for all. Even girls of 18 being directed to work in factories, airfields etc.

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  • 433 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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