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What would happen if the economy gets even worse then ever before for the first time in history?

I am just wondering because i get less then $5.000 a year and still struggling to survive on these hard times with high transportation fairs, food keep increasing their prices and my home rent is increasing by 50 dollars next year on the summer. A little help understanding is appreciated.

Asked By: Alvaro R - 12/10/2008
Best Answer - Chosen by Asker
I think it is caused by the human weakness of greed, selfishness, and scare of loss. I think you sre the unfortunate one in the category of worriment and fear. You are quite a guy and still to struggle for your hard life. Your best bet is trying to get assistance from the social agency, charity organization, or a... More
Answered By: Shelly S - 12/11/2008
Additional Answers (4)
It will be the first time it goes below this first time in history?
Source(s):
Answered By: David Perrella - 12/10/2008
 
Start saving your money. And spend it wisely. Remember, if you can do without something ... then don't buy it. Don't worry about the economy. Because, You cannot control these things. Worry about yourself first.
Answered By: Whitman Lam - 12/10/2008
 
Buy yourself a gun. Start stocking up on canned goods. Before every great empire has fell, its economy has undergone major problems. This is only the beginning of ours and within fifty years I believe this country along with much of the western world will be in utter chaos. Then you will have a choice, either join... More
Answered By: Ibbiama - 12/10/2008
 
My rent just went up again too. He raise it last year too. It has been reported that The State of California wil run out of money this March 2009. Louisiana is in the same situation... More
Answered By: moontan - 12/11/2008
 
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