Posted by K Effective on March 10, 2017 at 13:56:51 from (162.235.236.141):
In Reply to: hard times posted by kccca on March 10, 2017 at 12:20:31:
I think that's the big difference between 1930 and 1980/today. During the Depression, almost no one was unaffected, VERY few had the opportunity to profit from the troubles of others. IN the 1980s and today, there are some in tough shape, but many with little or no debt that can survive, and quite a few able to improve their lot. I think the inability to manage the operation and the inattention to detail in doing so are culled out during periods like we have today.
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