LogFAQs > #976873216

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Topic	The economy grew by 4.9% last quarter
1337toothbrush 10/26/23 2:33:36 PM #36:	Zeeak4444 posted... its actually not, in any way. Yes it is. People thought the stock market would "just keep going up" before the 1929 crash. They also thought mortgages were ironclad before the 2008 mortgage crisis. emblem-man posted... Considering the poor economic literacy of many people...I'm scared It doesn't take economic literacy for people to see their budgets stretched between high rents and high prices of goods like groceries. --- https://imgur.com/a/FU9H8 - https://i.imgur.com/ZkQRDsR.png - https://i.imgur.com/2x2gtgP.jpg <cite>1337toothbrush posted [p:976873216] in The econom... [t:80603584]...</cite> <quote>Zeeak4444 posted... </cite><quote>its actually not, in any way.</quote>Yes it is. People thought the stock market would "just keep going up" before the 1929 crash. They also thought mortgages were ironclad before the 2008 mortgage crisis.emblem-man posted... </cite><quote>Considering the poor economic literacy of many people...I'm scared</quote>It doesn't take economic literacy for people to see their budgets stretched between high rents and high prices of goods like groceries. --- https://imgur.com/a/FU9H8 - https://i.imgur.com/ZkQRDsR.png - https://i.imgur.com/2x2gtgP.jpg</quote> ... Copied to Clipboard!
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