Wall Street Crash 1929: Scenes outside the New York Stock Exchange on the day the stock market crashed may once again become a reality
The Spectre Of 1932: How A Loss Of Faith In Politicians And Democracy Could Make 2012 The Most Frightening Year In Living Memory -- Daily Mail
The dawn of a new year is usually a time of hope and ambition, of dreams for the future and thoughts of a better life. But it is a long time since many of us looked forward to the new year with such anxiety, even dread.
Here in Britain, many economists believe that by the end of 2012 we could well have slipped into a second devastating recession. The Coalition remains delicately poised; it would take only one or two resignations to provoke a wider schism and a general election.
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My Comment: No .... we are not repeating 1932. To begin .... Nazis and fascists are a thing of the past and have very little chance of coming back ..... even if everything goes to "hell". What I am more concerned about is the economy and the state of our money. Our personal and government debts are incredibly high, a situaiton that reminds me of Russia in 1992 when high debts resulted in inflation and the destruction of the middle class in Russia .... a sight that I saw and a sight that I wish to never see again. But can it happen again ... but this time in the West. Sighhhh .... if governments cannot control their spending .... trust me .... history is going to repeat itself again.
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