Reply #68: Past four years not too bad [View All]

[Blue Wally]

The worst years of my life from a financial viewpoint were the Nixon-Ford-Carter years of the seventies. Unemployment was really high as were interest rates and inflation. Only good part of it was that the virulent inflation quickly trivialized your indebtedness.

Late fifties weren't too good either (probably cost Nixon the presidency in 1960). Other than tech, things seem to be recovering now. Tech is probably screwed for quite some time, much like aero-space in the seventies.