Divide Et Impera

This part:

82CardsGrad

In comparison to the decades worth of Global-Leading growth, yes - America has, is and will continue to experience momentary downturns.
The current downturn has yet to run it's full, debilitating course so it's far too early to size this one up. However, there are many who are already suggesting that we may very well be approaching, or have already hit a bottom in the Dow and the real estate markets... granted - even if they are right, these "bottom" levels are painful... I actually believe 2009 could well be worse on the global consumer (particularly American)... I think from a corporate perspective, '09 will be terribly painful as well. We are already seeing many corporations scaling back their earnings estimates for the 4th quarter of '08 and into 2009. What this will mean to unemployment remains to be seen, however it would be a safe bet to assume that more pain lies ahead...

But should we begin to spin out of this at some point in 2009 or early 2010, yes - this will have been another relative momentary downturn...

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:82:

Divide Et Impera

Yes, because systemic, once-in-a-century economic crises only take a few months to "spin out of"....

Oh, and I do suppose that if you dial the microscope out far enough, anything could be considered a speck in time. This is a very Palinesque way of setting the bar....

conraddobler

This is simply years of bs catching up with us all at once, it won't be quick at all, more like a long drawn out Stephen King novel of cruelty and gallows humor.

Oh it'll be interesting and it'll take turns as an equal opportunity destroyer of wealth and the human spirit.

I'm sure mankind will survive this but we will not be the same on the other side for a good long while.

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At what point then is the approach of danger to be expected? I answer, if it ever reach us, it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide.

~Abraham Lincoln Lyceum Address