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To think another great Depression is coming?

326 replies

littleblackdress04 · 03/04/2020 17:42

Spoke to a surveyor friend yesterday - he said they can’t value houses at the moment as they think they could lose up to 50% of their value. Also read an article about how another Great Depression is coming.

Is it the re-set we need as a world? The end of billionaires when millions have no food? What will the societal impact be?

I personally hope it’s a fairer, kinder society where everyone gets their basic needs met

OP posts:
Walkaround · 10/04/2020 16:38

And, of course, rich people, unlike poor people, can also take risks with some of their assets. Poor people can save and save for years and still have the whole lot wiped out with nothing to fall back on.

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