U.S. economy going to he!!

[Duddin]

I though the same thing.





Doom and gloom will happen if you let it, If people get off there azzes and watch out for them selfs things will be fine.....And as a Bonus the Dem's will be out of bussiness












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I never have and probably never will clain to know alot about economics and all that I'm a mechanic not a business man. However it doesnt take a genius to see that things are going in a very bad direction and at a rapid rate of speed. And for those that dont know how to read the entire post I'm not interested in talking about weather its going to come or not I just want to be prepared for it and am looking for ideas. So thanks to all that replied with useful info and read the first post all the way through.

 

[Diesel99]

I hate to say it but you should have seen this comming at least a year ago.
Pay down your debts as fast as you can, interest rates are going to go through the roof to try save the dollar at some point.
If you have savings get it the hell out of the US just like all the crooks on Wall Street have done.
Stop spending money on useless crap you don't need.
What we have going on right now is asset deflation, everything is going down in value homes, cars, boats, trucks, sleds, stocks, bonds, savings,
We also have commodity inflation, price increases in fuel ,food, most anything you have to purchase on a regular basis.

Sell your assets while you can and cut your spending as much as possible.
There will be plenty of people who will not even know there is anything going on in the economy while those living check to check are in for a big hurt.

 

[TIM]

didn't the economy have a little correction in 1999-2000.

 

[Dogmeat]

it's not your fault.... those evil bank lenders sought you out and preyed upon you and forced you to buy those things ....

don't feel bad about it, just understand you are a good person and you shouldn't have to pay for those things.

EXACTLY! The evil bank-barrons forced me into buying a gas-guzzling vehicle and an environment-raping ATV so that they could line their coffers with my hard-earned cash!

Why, there otta be a law!

It should be ILLEGAL to produce, let alone allow people to FINANCE things that are ICKY and hurt the environment.

I said it before, I'll say it again!

I'm voting Democrat, because they're going to SAVE THE WORLD!

 

[hilinerider]

^^^ from who ?? ourselves or from there stupidity???

 

[ruffryder]

Depression???

You make light of and insult what are parents and grandparents survived.

A slowing economy hardly equals a depression. All the same, good advice listed above for everyday life.

Carry on...

Excellent point. Seems people start calling it a depression when stocks aren't giving back 20% profits and homes aren't appreciating 20% a year...

I think a lot of it has to do with the fear mongering and scare tactics that the media has turned too. Seems people won't pay attention nowadays unless the topic is life or death.

I guess we have news that is extreme to the max?

 

[modsledr]

Not the sky just this nation ! Its called history and it tends to repeat itself ! take a look at the great civilizations of the past Egypt ,Rome ,etc our way of life is going to change.Personally I would like to be prepared for myself and my family.

Ok, so the Egyptans were around for about 3000 years. The Romans were around for about 1500-2000 years.

The US has been around for 230 years...I dont think we're in danger of repeating history quite yet. This whole chicken little attitute that is perpetuated by the media cracks me up.

As a society we're so egotistical to believe that our current problems are so much worse than those who came before us. 2 years from now nobody will remember this. And we'll still be here, debating the next issue that comes along that the media blows out of proportion.

 

[GODEEP]

There is still too much money in our economy to invest. Things will turn around fast when the price looks too good to be true for investors. Sure things suck now, but it will turn around. I know alot of people are seriously looking at the stock market right now. I know if I didnt have all my money in land, I would be buying up some good stocks soon.

 

[modsledr]

There is still too much money in our economy to invest. Things will turn around fast when the price looks too good to be true for investors. Sure things suck now, but it will turn around. I know alot of people are seriously looking at the stock market right now. I know if I didnt have all my money in land, I would be buying up some good stocks soon.

^^^what he said...wait, you mean the sky isn't falling??

 

[Snow Fox]

It's inevitable that something major will happen...whether that is a nuclear war, plague, etc. Something will happen that will reduce the world population......then you will see the economy and everything else go down the toilet. It may not happen soon, but it will happen.

 

[snowmobiler]

 

[shortstop20]

The world is ending on December 21, 2012 so none of this matters.

 

[ouch]

ive heard about that 1212... thing from someother people. Makes more since then the "y2k"

 

[POLZIN]

Ok, so the Egyptans were around for about 3000 years. The Romans were around for about 1500-2000 years.

The US has been around for 230 years...I dont think we're in danger of repeating history quite yet. This whole chicken little attitute that is perpetuated by the media cracks me up.

As a society we're so egotistical to believe that our current problems are so much worse than those who came before us. 2 years from now nobody will remember this. And we'll still be here, debating the next issue that comes along that the media blows out of proportion.

Ok! look at what caused there end! we have made record time! Just like the Romans we are ignoring the problems at home and trying to dominate the world! every other nation is gunning for us and we are plaing right into there hands! Name one single thing in this country that is not corrupted. You Cant ! Unless we stop the bleeding right here and soon we are ****ked! our way of life will disappear!

 

[Idaho Ice]

Buy more bullets..

 

[ouch]

stocked up on bullets, CCW permit.. hard to trust the people that run this govt. There isn't a business, or a way to make money that isn't more corrupt than our own Govt...

 

[ericbigbore]

Ok! look at what caused there end! we have made record time! Just like the Romans we are ignoring the problems at home and trying to dominate the world! every other nation is gunning for us and we are plaing right into there hands! Name one single thing in this country that is not corrupted. You Cant ! Unless we stop the bleeding right here and soon we are ****ked! our way of life will disappear!

Babys ar'nt corrupt and neither am I. Go dig your bomb shelter and I will buy your house and all of the rest and sell them for huge profits in a few years when the recession is over. It's time to invest, stocks, housing, land, it's all on sale, remember the old sane buy low and sell high.

The sky is falling, were going to have a pandemic, we are about to have Muslim president, were going to get nuked, 2012 oh my god... Whatever..

 

[Diesel99]

Babys ar'nt corrupt and neither am I. Go dig your bomb shelter and I will buy your house and all of the rest and sell them for huge profits in a few years when the recession is over. It's time to invest, stocks, housing, land, it's all on sale, remember the old sane buy low and sell high.

The sky is falling, were going to have a pandemic, we are about to have Muslim president, were going to get nuked, 2012 oh my god... Whatever..

It's not a matter of the "sky is falling" it's about a sound healthy economy.
Our financial instutions are bankrupt, they just have not marked their assets to market values.
Without Banks lending money or access to money the economy will be stagnant for a decade just like Japan basically no growth no economy. We have built our economy on easy cheap credit for the past 20 years along with consumer spending 70% of GDP.
The well has dried up and we now have to start paying back what America has spent. There are alot of people who don't care because they have looked after themselves very well financially but most Americans including the Federal, State, and local goverments are going to be in for a big hurt over the next 5-10 years and that is the way it is end of story.

 

[ericbigbore]

It's not a matter of the "sky is falling" it's about a sound healthy economy.
Our financial instutions are bankrupt, they just have not marked their assets to market values.
Without Banks lending money or access to money the economy will be stagnant for a decade just like Japan basically no growth no economy. We have built our economy on easy cheap credit for the past 20 years along with consumer spending 70% of GDP.
The well has dried up and we now have to start paying back what America has spent. There are alot of people who don't care because they have looked after themselves very well financially but most Americans including the Federal, State, and local goverments are going to be in for a big hurt over the next 5-10 years and that is the way it is end of story.

If you are a responsible with your money, investments and credit you have nothing to worry about. I'm not sure why you think banks have no money to loan, I'm refinacing no problem. The banks are paying for loaning money to people they should'nt have but theres still plenty to go around if you have your sh!t together. I'm tight like everyone but it's going to be a great time to buy soon.

"Buy low sell high" that's now!

 

[POLZIN]

Babys ar'nt corrupt and neither am I. Go dig your bomb shelter and I will buy your house and all of the rest and sell them for huge profits in a few years when the recession is over. It's time to invest, stocks, housing, land, it's all on sale, remember the old sane buy low and sell high.

The sky is falling, were going to have a pandemic, we are about to have Muslim president, were going to get nuked, 2012 oh my god... Whatever..

Thats just stupid ! that not at all what I am saying those things could happen but i think the reality is much more simple than that. I would explain but it seems to be a waste of breath. But I will say I hope you speak spanish and like chinese food !