Comments on: Now vs Then: The Current Crisis And The 80’s http://amateurassetallocator.com/2008/10/16/now-vs-then-the-current-crisis-and-the-80s/ Amateur Asset Allocator Thu, 18 Mar 2010 11:01:22 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Uncommonadvice http://amateurassetallocator.com/2008/10/16/now-vs-then-the-current-crisis-and-the-80s/comment-page-1/#comment-2059 Uncommonadvice Mon, 20 Oct 2008 16:48:06 +0000 http://amateurassetallocator.com/?p=309#comment-2059 Now is worse than the 80s in the UK. In the 80s you'd get a council house if you were repossessed but now there is no such thing. Now is worse than the 80s in the UK. In the 80s you’d get a council house if you were repossessed but now there is no such thing.

]]> By: Curt http://amateurassetallocator.com/2008/10/16/now-vs-then-the-current-crisis-and-the-80s/comment-page-1/#comment-2039 Curt Thu, 16 Oct 2008 15:17:35 +0000 http://amateurassetallocator.com/?p=309#comment-2039 Your right, today we have low unemployment and low interest rates. But, that is going to change over the next few years. So, today is the day to plan for what is coming. Get ready for high unemployment and high interest rates and high inflation. Your right, today we have low unemployment and low interest rates. But, that is going to change over the next few years.

So, today is the day to plan for what is coming. Get ready for high unemployment and high interest rates and high inflation.

]]> By: Andy http://amateurassetallocator.com/2008/10/16/now-vs-then-the-current-crisis-and-the-80s/comment-page-1/#comment-2038 Andy Thu, 16 Oct 2008 14:30:05 +0000 http://amateurassetallocator.com/?p=309#comment-2038 I think alot more banks would have gone bust this time around if it wasn't for all the government intervetion. We have already spent more than 1. 5 trillion dollars on the current crisis, far more than the 80's. Also, there is still a way to go yet and the FDIC may need government assistance in the not to distant future. I think alot more banks would have gone bust this time around if it wasn’t for all the government intervetion. We have already spent more than 1. 5 trillion dollars on the current crisis, far more than the 80’s. Also, there is still a way to go yet and the FDIC may need government assistance in the not to distant future.

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