Do you fear a Global financial Crisis?

[G2ThaUNiT]

LegitHyperbole said:

rapsuperstar31 said:

The USA has had 34 recession since 1857, I wouldn't fear a recession. Now a depression worse than 2008 would cause problems, and I'm hoping we don't see another depression in my lifetime.

Was 2008 a depression? I know for a fact 2008 is still fucking us, esspecially the Americans with debt and could be the catalyst as well as Covid and recent happneings for a 1933 style Depression but I thought 2008-2010 was referred to as the great Recession. 

Yeah it was a recession. It would've become a depression if the government hadn't stepped in and bailed out the fuckers that caused the mess in the first place. Including the government lol, which didn't do their job in putting away those that were responsible.

I do have some fear now as unlike in 2008, I have a family that I am responsible for now. I'm hoping later this year some crypto bets I made will pay off to where that kind of fear can be negated. Something I never had in 2008. We would go to the grocery store and my mom would say all we had was $20 for that weeks groceries lol.