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Imagine the future as these experts do: a world where the dollar is scorned, America needs foreign aid, oil is $150 a barrel and big drug companies no longer save lives.
By Dan Ackman, Forbes
The stock market is up and economic growth has been steady, if unspectacular. But, an increasing number of economists are seeing serious storms build on the horizon. They point to ever-growing federal budget deficits, a record trade deficit, increased consumer debt, a real estate market that looks like a bubble ready to burst, a surge in personal bankruptcies and the prospect of inflation.
Meanwhile, interest rates are on the rise, and if they increase much more, many of these problems could get dramatically worse.
Doomsayers tend to be ignored -- until it's too late. Now we're giving four prophets of doom their say.