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Cake day: March 11th, 2025

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  • I agree with you about the severeness of this event over the others (except for covid, none of those crises were global for example), but during each of those crises I’ve heard experts say these are things that just happen ‘once every century’ with an example of how that thing happened less than a century ago. Just like once-in-a-century floods, although they are definitely not as global (imagine that!). The only thing thing I haven’t dealt with twice so far is a pandemic, although if you look at what’s happening in the us that might also not take another century.




  • But we also had the banking crisis, the euro crisis, the refugee crisis (which wasn’t necessarily economic), COVID (which wasn’t only economical) then the gas crisis / inflation crisis / cost-of-living crisis or whatever you call what happened in '22/'23 and now we have the Trump crisis / Tariff crisis or whatever you want to call the mess in right now. Sure they are all related in some way just like the world wars were related to the great depress but it sure is not feeling once-in-a-century. Hell, this one doesn’t even feel once-in-a-decade.

    Edit: I now see the article writes about a once in a century economic shock, which I would say is a lot less bad than a crisis, but ok.