Some people are saying that today was Oct 29 1929 (Black Tuesday) all over again. My question is if the alarmists are right and we are headed for the second depression can anyone speculate the impact it would have on the civilian power community?
At this point I should have enough time left in the Navy to wait and see if the economy implodes, but it’s starting to make me wonder if I should leave a stable government job and enter the private sector with questionable market conditions.