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View Poll Results: Times ahead: The USA
Headed for a Depression worse than the 1930's 9 32.14%
Headed for a Depression rivaling the 1930's 3 10.71%
We will stay in this prolonged Recession 12 42.86%
Wine & Roses are just over the horizion 4 14.29%
Voters: 28. You may not vote on this poll

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Old 07-31-2011, 07:45 AM
 
Location: Cherokee Nation
26,518 posts, read 9,962,157 times
Reputation: 5848
Default What does 2012 have in store for us?

  • A 90% drop in the stock market . . .
  • 50% unemployment . . .
  • 100% ANNUAL inflation . . .

Many say this can't and won't happen here.
The leading economist, say that is exactly where we are headed.


Are you the carefree "wing it" type, or are you the one that has a list for everything and always prepared for the worst?


Bookmark this post. We can revisit it in a year.
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Old 07-31-2011, 07:48 AM
 
Location: Hoboken
19,892 posts, read 8,848,252 times
Reputation: 3104
2012 has a new President in store for us...........
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Old 07-31-2011, 07:51 AM
 
3,513 posts, read 1,233,637 times
Reputation: 1357
Quote:
Originally Posted by shorebaby View Post
2012 has a new President in store for us...........
which if true, will just be a continuation of the prior presidents who have further deteriorated this country.

get your head out of the democrat vs. republican game.

republicans arnt going to save you. things arnt going to be any better with a republican president.

everything was decided years ago.

what we have to do now is understand our fate and accept it.
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Old 07-31-2011, 07:55 AM
 
Location: Neither here nor there
14,812 posts, read 7,558,090 times
Reputation: 32703
2012 will be the "interesting times" in the curse, "May you live in interesting times."

My gut tells me we are on the precipice of big events that will affect everyone, maybe even the entire world. There is too much unrest, too much division, too much chaos, too much polarization for something NOT to happen. Fer shur, no matter what it is, it will affect us economically.
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Old 07-31-2011, 08:16 AM
 
Location: Vancouver, B.C., Canada
9,088 posts, read 12,152,435 times
Reputation: 3865
we live in a historic time where we are seeing the downfall of the US as a superpower and losing international influence and don't really show a stable govronment when both side can't just suck it up and do a deal I mean it shows the tea party would rather default cause the worst economic crash in modren history then get a deal done.
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Old 07-31-2011, 08:47 AM
 
Location: Apple Valley Calif
7,310 posts, read 11,173,930 times
Reputation: 4858
Os soon as obma is gone the economy will skyrocket and things will start getting better immdeiately.
His plan is to destroy the nation and make it into Cuba, and so far he is doing an excellant job.
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Old 07-31-2011, 08:55 AM
 
Location: Eastern NC
12,694 posts, read 7,752,684 times
Reputation: 10128
Quote:
Originally Posted by tropolis View Post
which if true, will just be a continuation of the prior presidents who have further deteriorated this country.

get your head out of the democrat vs. republican game.

republicans arnt going to save you. things arnt going to be any better with a republican president.

everything was decided years ago.

what we have to do now is understand our fate and accept it.
Exactly, I love how repubs think that if you get a republican president everything will be all wine and roses.
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Old 07-31-2011, 08:57 AM
 
5,180 posts, read 2,123,894 times
Reputation: 2482
A new President who comprehends the correlation between tax hikes and tax revenue, and who won't get us swindled big time as it relates to the national defense as Obama did against Putin, and who also realizes that pushing for high-speed rail is just plain stupid.

A 40-minute plane ride from LA to San Francisco vs. a three-plus hour long plane ride between those two cities is a total mismatch to everybody except for the Obaminable One.
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Old 07-31-2011, 12:11 PM
 
Location: Cherokee Nation
26,518 posts, read 9,962,157 times
Reputation: 5848
We know for sure, unemployment is fixing to accelerate.

The Stock market that has been propped up with QE-1&2 is about to correct itself.
Which brings us to the QE and inflation.
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Old 07-31-2011, 12:22 PM
 
Location: Sango, TN
23,262 posts, read 10,154,239 times
Reputation: 7592
I have the feeling we are going to have to hit bottom before things get better.

Thats ok, my job is some what secure, salary, not so much. As a slum lord in Michigan told me, "My tenants won't pay their rent, won't buy food, won't pay the electric bill, but they always pay their phone bills"
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