Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
"Now is a great time to get out of debt, to reduce expenses, to develop additional streams of income and to start storing up food and supplies for when things really fall apart."
Kevin Giddis, the Managing Director of Fixed Income at Morgan Keegan says that a lot of people are making some really large financial bets that a recession is on the way.... "There is big money making big bets that at a minimum we we'll have a recession if not a depression that could last for years."
I think its pretty sad that these huge banks and investment houses that often set trends and markets are helping the markets go down by shifting their bets that way.
Citizens & business are reacting this way because "Jimmy Carter part 2" who is in the White House ( Obama ) is driving the economy into a ditch with his 1970s style economic policy.
Citizens & business are reacting this way because "Jimmy Carter part 2" who is in the White House ( Obama ) is driving the economy into a ditch with his 1970s style economic policy.
Kevin Giddis, the Managing Director of Fixed Income at Morgan Keegan says that a lot of people are making some really large financial bets that a recession is on the way.... "There is big money making big bets that at a minimum we we'll have a recession if not a depression that could last for years."
I think its pretty sad that these huge banks and investment houses that often set trends and markets are helping the markets go down by shifting their bets that way.
I don't see Everyoen including all economist saysing the economy will collapse at all thus the very title is false. Many thing we may have a very slow recovery or duble dip ression which is much different from collapse.
Top Ten Signs the economy is imploding.
10. You see advertising billboards on The Washington Monument and The Whitehouse.
9. "Rat, its whats for dinner" or "Pigeon, the other white meat."
8. You are walking your dog and somebody asks how do those " free range" livestock taste?
7. They shut off your electric, heat, water and now want to make you pay for air.
6. You over hear a bank robber say" No money, I want gold."
5. Your broker says "Buying US treasuries is too risky, put your money in something safer like US International Amalgamated Smog Bags."
4. You actually CAN buy the Brooklyn Bridge because NYC is actually selling it.
3. You go to the post office to buy stamps and complain about the increase in price. Then they complain when you pay for the stamps in US dollars.
2. You barter and trade at McDonalds.
1. They put the US national debt at " Jillions" of dollars.
25 Signs Everyone Is Expecting A 2010 Economic Collapse
Wow, you doom and gloomers never quit, do you? Sounds like it's time to head downtown with your "The End Is Coming" sandwich boards and start warning everyone that the sky is falling.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
