Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 1
We may go into great depression after all. It seems we are still $2Tr off in the bailout efforts. Without it the credit thaw may not be achieved. The other time tested way is market enforced asset write downs and that will lead to a massive wave of collapses. Maybe the govt will keep investing to prevent such a scenario. Other potential problems that come into the picture with massive bank failures or long credit freeze is deflation. The probability for deflation is being put at 20%. If this happens then we are likely to get very close to the great depression.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.