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View Poll Results: The overall state of the US economy in one year from now.
Better 16 34.78%
The same 10 21.74%
Worse 20 43.48%
Voters: 46. You may not vote on this poll

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Old 12-19-2010, 06:01 PM
 
10,494 posts, read 25,144,236 times
Reputation: 6698

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What do you think? We are in a recovery, but I think it will fail, and it will be worse by the end of next year. As far as overall state of the US economy, do you think it will be better, worse, or the same?
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Old 12-19-2010, 06:08 PM
 
Location: San Diego
3,052 posts, read 7,183,136 times
Reputation: 2211
Why do you think that? It is because you listen to Alex Jones? That guy is NOTHING but doom and gloom. I think we'll be a little better but more of the same in most areas.
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Old 12-19-2010, 06:15 PM
 
10,494 posts, read 25,144,236 times
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Quote:
Originally Posted by Dub D View Post
Why do you think that? It is because you listen to Alex Jones? That guy is NOTHING but doom and gloom. I think we'll be a little better but more of the same in most areas.
It is just a prediction from all of the news I get, not just from Alex Jones. My main reason for choosing worse is because I feel QE2 is going to cause massive inflation sending the economy right back down hill. Look at this which came out this Friday:


http://www.youtube.com/watch?v=m7gDAvacVcE
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Old 12-19-2010, 08:10 PM
 
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
16,248 posts, read 23,005,237 times
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1 year from now: Better
2 years from now: More Better
4 years from now: As bad or worse than now. Hyperinflation eating everything alive, collapse of currency.
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Old 12-19-2010, 10:37 PM
 
111 posts, read 281,729 times
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Do you even know how much money QE2 is? Time to rethink.
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Old 12-19-2010, 10:51 PM
 
10,494 posts, read 25,144,236 times
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It is officially 900 billion. Remember, QE1 was officially 700 billion which is a huge lie.

U.S. Rescue May Reach $23.7 Trillion, Barofsky Says (Update3) - Bloomberg
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Old 12-19-2010, 11:25 PM
 
Location: Troy, Il
764 posts, read 1,483,076 times
Reputation: 529
I think it will be a little better one year from now because there will be more balance in congress. Hopefully republicans can slow the government down and let the market recover. The housing market and unemployeement will be a little better but still bad.
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Old 12-19-2010, 11:42 PM
 
Location: Texas/Louisiana
143 posts, read 302,464 times
Reputation: 68
I'm just a realist. There's a lot of uncertainty out there. Weary of our federal government. The unemployment situation doesn't look good. More poverty from unemployment. More crimes and fraud. There's a lot of other problems in the U.S.

But last weekend, I volunteered to be a blackjack dealer with some friends for a private party held at Gaylord Texan Resort in the DFW Metroplex. The place was packed, it seemed like every room was reserved for an event.

I have been paying more attention to all current events, Europe, Asia, Russia, USD, politics, food, oil, everything else that will effect my life. I'm optimistic about everything, whatever happens, I'll adapt and will be fine.
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Old 12-20-2010, 09:44 AM
 
8,265 posts, read 11,476,244 times
Reputation: 4790
Quote:
Originally Posted by las vegas drunk View Post
massive inflation sending the economy right back down hill.
And this would be same as your prediction that therewould be massive inflation, worthless dollar, chaos, and collapsed banking industry wiping out everyone's savings in 2009?

Or would it be same as your declaration six months ago that hyperinflation is already starting and will soon be out of control?

Going for third time is a charm?
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Old 12-20-2010, 11:03 AM
 
16,811 posts, read 15,123,624 times
Reputation: 10250
Quote:
Originally Posted by las vegas drunk View Post
What do you think? We are in a recovery, but I think it will fail, and it will be worse by the end of next year. As far as overall state of the US economy, do you think it will be better, worse, or the same?
LVD : The other day you posted 25 signs __________ ( don't remember the exact title ) regarding unemployment . I tried to go back but can't find your post. Can you repost in another forum , maybe unemployment ?
I could not DM you.

Not to take this off track ...back to your question : I think you have more foreclosures , more job losses and more failed businesses that are reacting to the economy in the coming months and years . Since alot of the jobs have been outsourced and forever gone, I do not see the economy improving to the level and degree that it was early 2000's. It will take 5 years and 15 million jobs to get us back to the UR we had of 5 %.
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