what does tomorrow have in store?

[bale002]

Originally Posted by SouthCali4LifeSD

. keynesian economics in todays america will screw us over in the long run because the government is intervening during a time when we spend money to consume, not to produce.

To be sure, while the recent intergovernment actions will probably be enough to stave off a depression, we still have a potentially deep recession to work through and the long-term structural fundamentals, on current policies, are not favorable.

However, if and when the ruling class turns its attention away from robbing the treasury and towards sound policy again, but within the next 2-4 years, it is not too late for the US economy.

[jetway777]

MULTI-MILLIONAIRE INVESTOR JULLIAN ROBERTSON SAY"S
U.S. WILL HAVE POOR ECONOMY FOR NEXT 10 TO 15 YEARS! (VIDEO)
US To Face 10-15 Years of Poor Economy: Robertson - Financials * US * News * Story - CNBC.com

[jimmyP]

I think if you look at the expansion of credit since 1980 it would be hard to envision a good economy going forward. The credit expansion is over, and the budget deficit for 2009 will be huge, maybe 2 trillion with all the expenses and reduced tax revenues. Hard times are coming.