posted on Aug, 16 2006 @ 11:15 AM
Let me start off by saying I dont know crap about economics. The reason I am starting this thread is to maybe get a better understanding of what is
happening and learn something. With that said, lets begin.
There must be a million threads out there talking about the depression, dollar value decreasing, etc. Within those threads are discussions about
whether or not these things are happening.
I wanted to make this thread almost like a center for all of those.
For example, in this thread, www.abovetopsecret.com...
people discuss whether or not the report of Walmart's loss in profit is a sign of the collapsing economy. I asked if we were in a recession in that
thread, and people began to debate whether we are or not.
In this thread,
talk is about the dollar collapse. Again, people debate whether it will or won't.
My point is, with so much talk on the board, are we headed towards a prosperous economy, a recession, a depression, nothing..???????
Another question, and I will try to make this as understandable as possible since my understanding of economics is about as good as my understanding
of astro physics. In today's world, is it even possible to hit a depression? Would there not be safe guards in place, strategies in place, counter
measures to take, etc.?