I almost wish it would happen because i'm sick and tired of watching this fiasco that we call a government!

Obama wants to give the Fed more powers....is he out of his FREAKING MIND!?!?!?!

Someone hit the damn reset button. This game is lost!

Do not look at the stock market for the signs. The stock market is not an indicator of how healthy our economy is anymore.

[edit on 6/18/2009 by Tentickles]

Sad but true... My economic indicator is the price tag or value of something. How much does it cost me to fill up my gas tank, or eat dinner. It is outrageous the price of food these days. Just spent $100 getting a few items for a dinner... I get like 2-3 bags that are consumed in nothing flat (like 1 meal). The global economy evolved into a no-barter system so people and resellers cannot get a good deal anymore. The value comes from peoples ability to sell something and still make a profit. When the big dogs get greedy, and cut out the middleman, everyone suffers.

This is absolutely true. I simply wish that the rest of us could come up with a viable means of commerce so that we are assured to get along okay...

I do know from personal experience (after Katrina), that when SHTF, community is everything. People do help eachother if you're in the right areas. Now that I'm back in NY, I'm pretty concerned as to how things are going to play out in this aspect. Albeit, we are in the suburbs at least. I'd be horrified to be living in the city (or any big city for that matter) when this goes down. I hope everyone is working on their sharpshooting skills!

I agree tentikles as in Britain they are comically publishing hope stories of "Green shoots of recovery for the economy" alongside "Unemployment hits highest total in 11 years" The world economy is screwed and everything seems to be setting up for one last big kick in the nuts I know from experience that it will be the hardest blow to take as will be unexpected and devastating, probably disclosure that we are not in the matrix, this is it and nothing else exciting will ever happen

My guess is they are trying to manipulate the price by moving stocks in and out of say the DOW for example. In order to sustain an appearance of doing better. By doing this the elite can pull their money out at the cost of the low level investor.

I am not scared. I have a gun with 150 bullets and an entire case of Top Ramen (chicken-flavored). Let the apocalypse come, I can sustain myself indefinitely with what I have.

I beg to disagree with the OP. The only areas of the economy that are failing are those in which the central government has interfered in the past, a solid indication that our increasingly socialist government has no idea of what it's doing when it comes to free market capitalism.

The USA is a capitalist nation, built its superpower status on capitalism. That nation cannot survive with socialists interfering to micromanage and regulate the markets.

There are areas of business that remain untouched by this socialist-wrought "recession" — the pharmaceutical industry, for example, and its associated industries are enjoying some rather bullish returns, and the graph is still tracking upward for the foreseeable future.

I mean, damn, my wife contracts for the pharmaceutical industry and she's getting a 35% bonus this year — that's 35% of her yearly income, in one check, as a bonus. We haven't felt the so-called recession at all.

It's true, President Hussein's tax-and-spend socialist administration is killing capitalism and chasing business out of the USA, but I have faith that American socialism will go the way of all socialism — into the fossil bin of failed politics. Freedom will prevail, even if a few heads have to roll.

In the meantime, everybody needs a bottle of aspirin or a Valium nightcap. Follow the prescription drug market and you won't go far wrong. My wife thanks you and I thank you for your unswerving patronage.



— Doc Velocity




[edit on 6/18/2009 by Doc Velocity]

Thanks.

Although I have never said so, I always look to you for calm, but insightful information regarding the economy. I appreciate you.

My guess would be that if we aren't already seriously stocking up (almost there myself) that we better get on it.

Give us a hint on what you see as far as the 'crash.'

What does that mean to a struggling old man with four kids?

Originally posted by jackieps1975
This is absolutely true. I simply wish that the rest of us could come up with a viable means of commerce so that we are assured to get along okay...

I do know from personal experience (after Katrina), that when SHTF, community is everything. People do help eachother if you're in the right areas. Now that I'm back in NY, I'm pretty concerned as to how things are going to play out in this aspect. Albeit, we are in the suburbs at least. I'd be horrified to be living in the city (or any big city for that matter) when this goes down. I hope everyone is working on their sharpshooting skills!

I agree with the whole city thing. I live in the city down here in the south. The city I stay in, some of the people might try to help each other...I don't know. However, the neighborhood that I stay in is comprosed mostly of my family members. I think when the economy falls they will try to pull together and help other, but I could be wrong.

Part of me wants the economy to fall, then the other part of me wants it to get better.

Beautiful! A crashed world economy is good news for the ecology ... and an excellent way to reduce global over-population the smart way too .. by weeding out the weak and inept from the strong and prepared.

Prepare for this, it is most definitely going to happen, because there are forces working really hard on this to make sure it happens. It's necessary you know, as the alternative is far worse (can you imagine an Earth with double the population we have now? I can, but I don't want too, ha). Failure to prepare for this is to prepare for your failure. Stock up on a year or two worth of food (unless you like the taste of soylent green). Stock up on arms and ammo too (and not just for defense, but for mercy missions too, if you know what I mean, ha).

Ah, it will be glorious! The stinking PTB, beaten at their own game. Don't let them escape to their underground bunker cities, such as the one under the Denver airport and other locations. Every scrap of soylent green may be necessary for your survival, if you fail to prepare for this.

Good luck everyone. Oh, and keep your friends close, and your enemy closer .. especially the big plump and juicy looking ones, ha. I knew there had to be a reason why so many Americans have been fattening themselves up lately .. and now we know why (thank you, ha).