I was in high school in 2008 so I didn’t really have a complete perspective, but as far as I remember...

I was in high school in 2008 so I didn’t really have a complete perspective, but as far as I remember, nothing really changed. Neither of my parents lost their jobs. Everyone I knew from school was fine, no one disappeared or had to go begging in the streets or anything. I don’t even remember that many businesses closing, I guess that might have been the start of the local shopping malls getting hollowed out but idk. If the news didn’t tell me that we were living through an “economic crisis” then I never would have known.
Which has permanently instilled in me the idea that “recessions” are bullshit and don’t really matter in the grand scheme of things.

your cost of living didn't go up overnight in 2008. tariffs will drive up your cost of living.

I was in high school

opinion discarded

My mom lost her job and I knew a lot of parents who lost their job, mostly because they worked in the big industries.
Those are like the most replacable jobs.
Recessions do hit small cap mostly, the pizzeria that opened up nearby is shutting down rather than keeping up because there's nobody to buy his cheap pizzas

Yeah there were new trends coming out all the time, kids were partying and the culture was booming, jersey shore ect. Only my godparents who owned a company said that busines was slow in a worrying tone (they’ve done fine ever since), otherwise i don’t remember anybody even commenting on it. I feel that culturally we’ve been in more of a recession since 2016 than we were back then.

so many grandpas here lel

zoomer "men" were born to serve millennial cock.

i'm not denying that...

My dad lost his job and he couldn't find proper work until 2011(he worked cashier gas station jobs and fast food) and we had to live on government gibs me dat and what little my brother could send working as E-1 in the army. Which is why I never went to college because I saw that you could do everything right in your life but still get fucked. I prioritize building capital instead and worked as many entry level jobs as I could. 29 now, no debt and 300K USD networth, no house yet but crash is soon so I will be buying, brand new car is paid off too

during the early 2000s the "banks" in question were able to sort of "mix" their subprime mortgages and other low risk investments with high risk investments and sell these packages for big profits. This contributed to a housing bubble which popped and also caused all the subprime mortgages to implode because there were millions of them out there and with interest rates rising and no one willing to pay the lenders, they starting going bankrupt and the contagion spread to banks and eventually damaged all sectors.
the aftermath was a lot of empty housing, a lot of jobs lost, and a depression/recession. This puts pressure on all companies to spend less, build less, because people are not spending anything until they feel financially secure.
if it didn't affect your parents they were not in the banking sector and were lucky they didn't have a garbage mortgage or loan. People that were paying on time wouldn't be directly affected unless the bank they were using also collapsed. The aftermath was felt for years afterward and contributed to a lot of slowdown until probably 2011.

Your gen-Zer women belong to millennials cause you gen-Zers can't be masculine worth a shit. ;))

Recession just means the magic number doesn't increase for a few quarters. Other than the depression and maybe the 1970s oil embargo, economic recession never really changes much for normal people.

Food costs are down.

Just how young are you if you weren’t at least a teenager in 2008?

i'm not a woman though, just a tranny

I was in Ireland in 2008. With 2 children. EVERYONE I knew lost their job. They were all linked to property. It got so bad they were saying cash machines would run out of money within days.
I stacked 6m of food in the attic.
I'd already bought gold/silver and swiss francs with our savings. That later bought us a cheap house.
Which I lost later in the divorce.
Even when you play it perfect you can lose.

07s are 18 years old now, gramps

That’s simply not possible. I was 18 in 2011 and i’m still young.

You going to shill in every unrelated thread today jeet?

do you have a learning disability?

You're asking if he's a trump supporter?

our water heater broke in the winter and we couldn't afford a new one for months so i barely showered and smelled like shit at school and people made fun of me in middleschool cause i was stinky and got fat from eating tostinos pizzas for dinner

Don't care what your faggy chart says. My source is the food on the shelf.

stay silent till you get sum hair on your nuts

culture was booming, jersey shore ect.

yeah
read that aloud

very strange seethe

the government agency under control of trump is overstating inflation under trump

??????????

All your trannys now belong to us millennial chads

My dad lost his job and it basically fucked over his entire retirement and he's still fucked financially to this day. He also worked in plastic manufacturing and almost every single place of work moved overseas so he's struggled with employment basically his entire life.

For me, shit turned for the worse after 9/11. It was almost like a switch in people's brains flipped and it's been bad ever since

My income dropped from 75000 to 19000 in 2009 and my brother killed himself when he could not pay his morgage in 2011 You're happy memories are way off the mark and in fact things have been fairly stagnant in every way from film,literature to video games, hiring, pay, cost of living and technical advance ever since. Divorce and suicide go up in recessions, people become homeless and people loose their livelyhoods and families and friendships get broken. You have no idea what goes on behind closed doors and the fact your parents protected your worthless simpleton brain from reality is a credit to them and not you

anon said he *is* a tranny

I also graduated in 2008. I remember from 2006 on not being able to even get a fast food job because they were all taken by 50 year old plus white boomer losers. Desperate times I guess. No money, no car, no pussy. I remember $5 a gallon gas in fall 08 and subway having $5 footlongs

things have been fairly stagnant in every way from film,literature to video games, hiring, pay, cost of living and technical advance ever since.

this. we have never recovered from 2008

TDS

I don't care about your mental illness or your faggy little chart. The food I've bought has been cheaper. But for the sake of argument, your chart ends in March. Tariffs didn't start until April. Buy rope while it's still cheap.

Migger cope.

TSA was born which means millions getting molested every day to board a flight

what's the highest level of education you have successfully completed?

you probably won't realize it for at least another decade or two but there will come a day when you get old and look back and think damn, they were mostly right. except for the boomers they're fucking stupid.

you were lucky to be isolated from its effects
people that graduated into it or were recent hires were dumped all at once in a zero ask labor market
those people whose only crime in life was being born in the year that they were are still lagging in their career and income potential to this day

but the worst came for the 30ish people, barely up the first rung of the corpo ladder and gotten a fat mortgage and a child or two and then bam loss of income then loss of house and finally divorce to drive the hurt in good

i was lucky to be in college at the time, but seeing the utter devastation in that period really changed me for life
never would i depend on a single source of waging income and have the crushing debt of a mortgage over my head for 30 years

just know we have been blessed with one of the greatest bullruns in the interim with an emphasis on new tech so most of us that graduated post 2010 came out very well
there is nothing to see yet that will save your generation, waging is 100% destroyed and will never give you a life ever again
and no reason to belief you'll get the unique combo of another giant asset bubble and the means to invest in it at the same time
you are too young to take advantage of anything thats discussed here
and gambling on Anon Babble being relevant enough to catch the next big thing when its already near death today well lol, lmao even

wow it's almost like food prices are like, regional or something

reading comprehension, you do know i am not talking about myself there right? since as i mentioned i was safely in college during the bust
but yes corporation these days are that petty
if you graduated in 2009 couldnt get a job in your field within 6 months and were thus forced into mcjobs that stain lasts your entire career, because remember every year there is a new batch of fresh graduates thus there is simply no place for the bad batches of the crisis years they are simply not needed
you have no idea about the pain that can be inflicted upon you

and if you think thats the worst that can happen to you, read about how it was in japan when they died in 1990, there was no recovery still isnt 35 years later

It wasn't that bad. The obongo presidency had a greater impact on the economy than whatever Wallstreet was sharting about. There was hiring freezes and no bonus payouts for 8 years then orange Hitler became president and cut taxes then suddenly I was getting a raise, my libtard mom that was unemployed for over a year under obongo got a full time job back in IT. I was literally told by my employer the raise was because of the tax cuts. I got head hunted like crazy too. Obongo was like a wet blanket over the real economy and electing Cheeto was fucking steroids. I'll never forget that after experiencing it 1st hand.

I was already too poor for the effects to directly effect my day to day, but I definitely saw the effects on my company at the corporate level. They use to have an extreme cult like company culture with a bunch of philosophical shit about running the business and managing your personal life. They offered a bunch of shit like yoga classes, judo classes, group therapy sessions, and a bunch of other nonsense. I guess is made it easier to indoctrinate people. After the 2008 crash, they cut all that junk and operated like a normal business. Less time doing kumbaya, more time working.

Work still didn't get done though.

My dad had just gotten a Job working for the company my grandfather was CEO for. He got laid off and we had to move to bumfuck middle of nowhere and he had to be a coal miner for 3 years living out of a camper. Shit sucked.

My dad was one of two people that didn't get laid off im his designer department at his engineering job. He was angry and stressed about it pretty bad, from what I remember of conversations between him and my grandpa.

He died of a heart attack in 2010 right as I was finishing high school.

They just suck and force you to live at a lower standard for a while which makes everyone complain

Eh 1850-1913. Europeans in complete domination of the globe. The white race at the height of it’s power. The scourge of communism didn’t exist yet, and half of the german empire wasn’t forced into communism. 1950 was only better if you were american but for europeans as a whole, it was already after the peak.

My source is the food on the shelf.

Do you have a memory of a gold fish?

Things are significantly worse right now than they were at the lowest point then. Another recession? When did the last one end exactly?

If you were already living in a declining area like the midwest, it wasn't as obvious. Only so far to fall in Kent, Ohio

You lost