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market cheerleading on the street. maybe another run to 11,000 if the government manages to keep crude at or near $100. after the election, all hell breaks loose. inflation beings to rear its ugly head.
wildcards: The world stops buying our debt, creating a run on the dollar. Israel strikes Iran sending oil through the roof. Russia moves missiles into Cuba bringing a national crisis of a new Cold War we can ill afford to fight. Various natural disasters.
market cheerleading on the street. maybe another run to 11,000 if the government manages to keep crude at or near $100. after the election, all hell breaks loose. inflation beings to rear its ugly head.
wildcards: The world stops buying our debt, creating a run on the dollar. Israel strikes Iran sending oil through the roof. Russia moves missiles into Cuba bringing a national crisis of a new Cold War we can ill afford to fight. Various natural disasters.
Social Security is wiped out. Gas prices continue to rise. Inflation takes off. Old folks found frozen still in their homes. Young ones take to the streets and wage a battle for rice, bread, and other resources.
The US starts running out of money, and no other country wants to lend it to us, so, they FINALLY do what they should have done years ago:
The US finally places a tax on dollar to Chinese Yuan transactions...and raises 800 billion dollars in one month to cover the cost of the stupid bailout, while the Chinese throw a tantrum that they can no longer easilt steal American jobs.
End foreign aid all together.
Raise the age of Social Security elligibility by five years
Allow younger people to access their own Social Security early if they agree to collect allot less social security when they retire: you get 10,000 dollars now, collect 10% less social security a month when you're elligible
Close down all those bases that have, since the end of the Cold War, done nothing but protect Europe from East Germany. No more keeping the world safe from a dead horse.
Raise intrest rates, permanently
Completely ban naked short selling
Make it illegal to over mortage salesman commission...if they stay paid anyway, they'll no longer have incentive to get people into a crappy mortage they can never pay off.
Granted, tweedly-dump and tweedle-dumper who are both running for president will never do all of the above, but who knows?
Still, I think the US economy has been through worse and survived.
The US starts running out of money, and no other country wants to lend it to us, so, they FINALLY do what they should have done years ago:
The US finally places a tax on dollar to Chinese Yuan transactions...and raises 800 billion dollars in one month to cover the cost of the stupid bailout, while the Chinese throw a tantrum that they can no longer easilt steal American jobs.
End foreign aid all together.
Raise the age of Social Security elligibility by five years
Allow younger people to access their own Social Security early if they agree to collect allot less social security when they retire: you get 10,000 dollars now, collect 10% less social security a month when you're elligible
Close down all those bases that have, since the end of the Cold War, done nothing but protect Europe from East Germany. No more keeping the world safe from a dead horse.
Raise intrest rates, permanently
Completely ban naked short selling
Make it illegal to over mortage salesman commission...if they stay paid anyway, they'll no longer have incentive to get people into a crappy mortage they can never pay off.
Granted, tweedly-dump and tweedle-dumper who are both running for president will never do all of the above, but who knows?
Still, I think the US economy has been through worse and survived.
Agree with it all except I do believe in one of the candidates.
Still, I think the US economy has been through worse and survived.
I disagree, however you had some good ideas. Yes, the Great Depression was worse, but it was a different America then. Americans took personal responsibility, believed in hard work, were honest and willing to make sacrifices. Now, we're a nation that expects to be taken care of, want any handout we can get, and expect the government to provide and/or fix everything.
With both Dumb & Dumber tickets running for President , I don't think we stand a chance of real recovery. Sure the media (controlled by corporate America) will white-wash as much as they can and paint us a very rosey picture, but the jobs are either gone or almost out the door. We are a nation that buys practically everything on credit, but we don't produce much in the way of commodities; and we never, ever learn from our mistakes. So the outlook is not good, not good at all; and I hope I'm wrong.
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