this post was submitted on 09 Apr 2025
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[–] lemmie689@lemmy.sdf.org 37 points 1 week ago (7 children)

Remember the 80s recession? GenX remembers.

That was a bit before my time but i remember some people saying the 2002 crash was in part an extension of the 80s recession as the 90s boom was partially due to the tech boom.

[–] ameancow@lemmy.world 4 points 6 days ago (1 children)

This cycle of republicans wrecking the world, then democrats quietly, meekly fixing the mess after like a battered wife, it goes way back.

[–] lemmie689@lemmy.sdf.org 1 points 6 days ago

Sounds so banal.

[–] tischbier@feddit.org 1 points 5 days ago* (last edited 5 days ago) (1 children)

You’re right — the early 80’s ugh. 15% inflation with a gas crisis. 10-15 year panics were the norm in the 1800’s too

[–] lemmie689@lemmy.sdf.org 2 points 5 days ago

Mortgage rates skyrocketed, people lost their homes.

[–] Vipsu@lemmy.world 21 points 1 week ago (1 children)

Millenials born in late 80s or early 90s may not remember but it could still have affected their childhood.

[–] MNByChoice@midwest.social 1 points 1 week ago (1 children)
[–] lemmie689@lemmy.sdf.org 2 points 6 days ago

Devestated my childhood