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when will the US economy callapse???
    #8643426 -

banks are closing left and right...  when do you think the economy here in the US will totally crumble???

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Re: when will the US economy callapse??? [Re: jwm285]
    #8643479 -

I'm certain the US economy will cease to exist at some point as time approaches infinity.

Try starting a thread with content?


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Edited by Minstrel (07/16/08 04:30 PM)

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Re: when will the US economy callapse??? [Re: Minstrel]
    #8643555 -

i just wanted to start the discussion...


Like an idiot savant parroting the words of his master, Bush tells us the faltering economy and gas prices over $4 a gallon are the fault of the Democrats. “On Saturday, President Bush tried to pin the blame on Congress for soaring energy prices and said lawmakers need to lift long-standing restrictions on drilling for oil in pristine lands and offshore tracts believed to hold huge reserves of fuel,” reports the Associated Press. “It’s time for members of Congress to address the pain that high gas prices are causing our citizens,” said the decider-commander. “Every extra dollar that American families spend because of high gas prices is one less dollar they can use to put food on the table or send a child to college. The American people deserve better.”

Astronomical gas prices have nothing to do with Democrats or Anwar — sky-high prices are the direct result of a devalued fiat currency and the inflationary polices of our rulers. Blame can be placed at the doorstep of the Federal Reserve, as in Federal Express, and can be attributed to the bankers. Bush would have you believe it is all about supply and demand, never mind U.S. consumption of fuel has dropped by millions of gallons since last year. It’s about inflation, a deliberate policy of the Fed at the behest of the global elite.

Recall, back in 2005, the global elite, under the guise of the Bilderbergers, called for oil prices to rise, from $40 a barrel at the time to $150, a scheme reported by Bilderberg researcher and American Free Press editor Jim Tucker. During the 2005 conference, Henry Kissinger told his fellow attendees the elite wanted oil prices to go through the ceiling. The following year in Ottawa, Canada, it was decided at the Bilderberg conference the price of a barrel of oil would go to $105 by the end of this year, a plan so far not only realized but exceeded.




“The global elite are conspiring to send oil prices crashing through the $200 dollar a barrel mark as part of an organized agenda to hike profits, bring about a global economic crash and torpedo the middle class, and they’re not afraid to attack Iran as a means of achieving their goal,” Paul Joseph Watson wrote last September. “By pushing peak oil theories and tying them in with the man-made global warming fraud , Bilderberg seeks to jack up oil prices to the point where the living standards of the middle class become unsustainable and the west is lowered into second world status while fat cat elitists reap the financial and political bounty.” Earlier this year, Goldman Sachs Group Inc. forecasted that oil prices will reach $150 to $200 dollars a barrel within 2 years, according to Bloomberg.

“It’s been a difficult time for many American families,” said Bush.

Indeed — and times will be more difficult in the months ahead as the global elite deliberately bring the economy to a crashing halt, as they have done elsewhere.

“The fact that America’s downward financial spiral started in earnest shortly after the Trilateral Commission was founded by David Rockefeller and Zbigniew Brzezinski, is not incidental,” explains the August Review. “The very policies that brought us the ‘New International Economic Order’ (their own phrase) have wrecked our country…. In 30-40 short years, America has gone from the strongest and most stable nation in the world, to one of the weakest and unstable. Poor Humpty Dumpty sat on a wall and had a great fall, but few people will see the real truth that Humpty was actually pushed” by a plundering global elite.

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Re: when will the US economy callapse??? [Re: jwm285]
    #8643604 -

It's gonna be OK.  :smile: 

Worst case scenario, spoiled brats who still live off their parents will have to grow up quickly.


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America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: when will the US economy callapse??? [Re: jwm285]
    #8643681 -

jwm285, the forum rules require you to post a link to the source of any cut and paste quotations. Please provide one for the quotes in your post.

Thanks.


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Re: when will the US economy callapse??? [Re: jwm285]
    #8643760 -

I dont think the US economy will collapse, their are way to many safeguards to prevent such a thing, in the days of 1929 and through the 30's the Dow never exceeded a few thousand points. The Dow Jones today alone has a index of around 11,000 points, It would take a monstrous calamity to generate a "collapse" of the economy.

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Re: when will the US economy callapse??? [Re: Phred]
    #8643813 -

As long as the U.S. can continue to produce Capitalists such as  Warren Buffett, Bill Gates, Sam Zell, T. Boone Pickens, Ken Heebner, and the list goes on, the U.S. economy will be fine. 

However, maybe the mindset of America in general needs to get used to being the number 2 economy in the world after China.

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Re: when will the US economy callapse??? [Re: jwm285]
    #8643815 -

excluding the possibility of the earth being struck by a giant asteroid..the answer to the title question is a resounding "never" :frown:.. and for the simple reason that markets are not self-regulating...


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"anchor blocks counteract the process of pontiprobation..while omalean globes regulize the pressure"...

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Re: when will the US economy callapse??? [Re: Annapurna1]
    #8643875 -

kurt nimmo from infowars.com

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Re: when will the US economy callapse??? [Re: jwm285]
    #8643901 -

3 signs of decay of an empire:

1. Economic rigidity driven by ideology.

2. Imperial overstretch.

3. Inability to reform.

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Re: when will the US economy callapse??? [Re: JRayV]
    #8643967 -

JRayV said:
3 signs of decay of an empire:

1. Economic rigidity driven by ideology.

2. Imperial overstretch.

3. Inability to reform.


Source?  Or is this your opinion?

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Re: when will the US economy callapse??? [Re: JRayV]
    #8643978 -

The economy is not collapsing, stop panicking.
It's called risk vs. reward not because it's a small sure-thing vs. a bigger sure-thing.  The market is punishing those who thought they were smarter than the market.

The government should NOT be bailing any company out.

A greater danger to the economy is not the collapse of large financial companies, but the quadrupling of fuel prices in the past 7 years and, previously the rapidly inflating home values keeping out anyone both 1. Sane and 2. Not Rich, and currently the inflating cost of renting (due to those who were not both sane and rich discovering they can't actually afford to pay 75% of their monthly income for their mortgage) -- so you are now left with consumers who have far, far less money to spend on discretionary items such as FOOD (lol, wait, the speculators haven't finished ruining this one yet!)


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i finally got around to making a sig
revel in its glory and quake in fear at its might
grar.

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Re: when will the US economy callapse??? [Re: DieCommie]
    #8644107 -

1.  The inability to reform our economic institutions in ways that need to be done because of the power of ideology. It was Marxism and Leninism in the case of the USSR, that prevented Gorbechav from being able to improve Russian effeciency. 

    In our society we see it in the whole world of corporate corruption - the belief that the stock exchange is no longer a functioning market, but a club of crooks. The ripping off of workers' pension funds, the savaging of corporate profits by inside executives (Enron, Tyco, Worldcom).


2.  Overtime, an empire makes too many commitments and too many enemies - too many cases of blowback out there.
The Department of Defense acknowledges that there are well over 700 foreign military bases, exluding the ones that are kept secret.


3. When policy needs to be changed, there is a wave of resistance that prevents appropriate reform.  A senator may agree that some military bases here in the U.S. need to be closed because of the drain they have on resources, but the Senator will be against closing any of the bases in their state.

  We can squeeze the toothpaste out of the tube, but it's pretty much impossible to get it back in.

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Re: when will the US economy callapse??? [Re: DieCommie]
    #8644688 -

DieCommie said:
JRayV said:
3 signs of decay of an empire:

1. Economic rigidity driven by ideology.

2. Imperial overstretch.

3. Inability to reform.


Source?  Or is this your opinion?



The source is an Ignorant, Angry, professor from Berkeley who Hates America...


http://www.thirdworldtraveler.com/Chalmers_Johnson/Imperialisms_TSOE.html


"Imperialisms, Old and New,
The Roots of American Militarism"

"The Sorrows of Empire"

by Chalmers Johnson


--------------------
America's debt problem is a "sign of leadership failure"

We have "reckless fiscal policies"

America has a debt problem and a failure of leadership.

Americans deserve better

Barack Obama

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Re: when will the US economy callapse??? [Re: lonestar2004]
    #8645208 -

obama makes me sick...

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Re: when will the US economy callapse??? [Re: jwm285]
    #8645270 -

Quote:
Recall, back in 2005, the global elite, under the guise of the Bilderbergers, called for oil prices to rise, from $40 a barrel at the time to $150,


I'm going to need some proof for this.

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Re: when will the US economy callapse??? [Re: Redstorm]
    #8645308 -

Quote:
I'm going to need some proof for this.


Uh, I read it on the internet?  It must be true.


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I am become death, the destroyer of worlds.

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Re: when will the US economy callapse??? [Re: thedefone]
    #8645389 -

Tomorrow.


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Re: when will the US economy callapse??? [Re: Coaster]
    #8646255 -

Quote:
"Imperialisms, Old and New,
The Roots of American Militarism"

"The Sorrows of Empire"

by Chalmers Johnson


Also check out "Oil Wars and Overreach" by him.  I enjoy listening to this man speak; his logic train is beautiful.

People need to realize that this is a game of procuring resources.  Anyone ever play Command & Conquer?  Real life global politics and militarism are fairly similar.


--------------------

"The choiceless truth of who you are is revealed to be permanently here permeating everything. Not a thing and not separate from anything."--Gaganji
"Yesterday is but today's memory and tomorrow is today's dream."
"My karma ran over my dogma!"

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Re: when will the US economy callapse??? [Re: SoY]
    #8649059 -

not a chance... well a very very very small chance.  I guess never say never.


Great bumper sticker lonestar!

WB


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