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Dog-faced pony soldier
Join Date: Feb 2004
Location: A Rock Surrounded by a Whole lot of Water
Posts: 34,187
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I take exception to those above saying essentially that 2008 was easy or that we recovered quickly or recovered fine. None of those were / are true. We did not recover quickly (or “fine”) and it was not easy. I only reached my “break even” point digging out of the losses I suffered after 2008 in 2017. Nine years later. The opportunity cost of that “lost decade”? Doubtful I’ll ever recoup that. I’m glad I’m where I am and learned a lot but it galls me (and terrifies me) to hear people pooh-pooh 2008-09 like it was no big deal. That’s a perfect set-up for history to repeat when people have such short attention spans and memories...
That said, I think 2020 is worse overall in terms of the damage to our system, our society, our values and our psyche as a nation. It’s done incalculable damage in terms of mental and physical health to people, in addition to financial. Our kids are getting screwed with “lockdowns” and loss of access to social groups they need. The damage to our liberties is real - we’ve enabled and awakened tyrannical impulses in our “leaders” that will have severe after-effects for years, maybe even a couple of generations.
Worst of all, NOBODY has held the culpable parties accountable. Nobody. Not in / because of 2008 and not now. That’s very worrisome.
Last edited by Porsche-O-Phile; 11-16-2020 at 08:13 AM..
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