IS it different this time?................from Rico

The Great Depression did NOT happen overnight, rather it unfolded like a slow-motion train wreck. Very slow motion. There were 'market recoveries' along the way to the bottom that fooled many into investing in those hopey-changey green shoots (or whatever they were called back then, remember cocaine was legal).

I hear "but it's DIFFERENT this time" from all corners. Team Obama, the Money Honeys, economists that should know better, the Beard Bernanke, etc.

Is it? Is it REALLY different this time?

Things are following the same pattern, at about the same speed, and suggest that those who 'know' are simply doing their best to buy 'time' before we hit bottom.....all those except Congress, that is.
- Last go-around we had 'time' for them to enact Smoot-Hawley and really muck things up.
- This time Cap & Trade will shove us over the edge.

Look at the charts and decide for yourself, but I posit 52% wanted "change" and 100% of us are on the verge of being screwed.