My point is that not all employment area will be affected in a recession/depression. Nurses/doctors for example. Even if people don’t have insurance/job, if they get sick they still have to go to the hospital. With a massive shortage in nurses and good doctors these days, I highly doubt they’ll be layoff. I don’t know about pharmacist, dentist, optometrist, but I’d think pharmacist & optometrist are pretty recession proof too. Especially with the baby boomer getting near the age where they need even more pills and everybody need to update their glasses/contacts prescriptions. Recession/depression or not, we have to see.
If you think the economy going to go into such a crapper, then might as well go short the market if you think it’s such a sure thing. I don’t agree with your view of the economy going into a depression, so my view point is a little different than yours.
