posted on Sep, 19 2008 @ 06:33 PM
This bubble has been inflating for decades, it had to burst at some point.
Too bad so many will have to suffer because of this. There are some businesses that thrive in these times. I know, I am reluctantly involved and
working in one. When people are down, they turn to things that make them feel better.
I do not believe this will last long. First of all we have all seen how this was all escalated by rising energy costs which affected prices of
everything, causing the American people to have less monies to spend on other things, businesses failed, people lost jobs, a vicious cycle that has
ended up with a busted housing bubble, failed mortgage institutions, and ultimately major financial institutions....
Someone once told me that one day the US dollar would be so devalued that the paper it is printed on would be worth far more than the face value. That
the economy would collapse, that one by one businesses would close until everyone found themselves without any basic services, on their own for a
period of time, a time of survival, a time of global war, a time when everything will have to reset following a kind of backward evolution.
Of course I said, "you're crazy" it'll never happen.
Maybe that crazy person was right, perhaps we will have to completely hit the bottom, hope to survive it, and start all over.
Nah, things will get better soon. This is the United States of America!
[edit on 19-9-2008 by The_Alarmist2012]