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Originally posted by Alternative
Everyone should know about this, but sadly the general concensus is that the economy is getting stronger. We here at ATS know this is not true.
I just don't know what to do. Im making some decent money now. Canadian dollars. I was thinking of spending all my extra money on gold. Maybe Buy an ounce every 2 weeks or something. But I want physical gold. I just want to have things of real value. I can't afford a house yet. Though I like to collect cars. Maybe having a collection of desireable cars will be a good investment. Cooking utensils, furniture, food stocks, etc. I think now is the time to not save, but to aquire things of real value.
Originally posted by Anomen
The economy is getting worse and the stock markets are going to crash?! oh my god... Everything I must have been reading the last 6+ months about the United States economy must have been a lie!
The Gross Domestic Product numbers for the first quarter of 2009. I think compared to the last quarter of 2008... it looks like it might be improving... now thats weird considering you say the economy is getting worse.
what is the gross domestic product? (see link below if you really don't know) well the number is actually primarily composed of consumer spending... which believe it or not... actually is pretty much the main driving factor of our countries economy. Now if this number indicated that people are spending more compared to what was going on around CHRISTMAS time... then tell me how in the HELL the economy is worse off?
oh you must have been just trying to scare everyone into giving you stars and flags... yikes.
Originally posted by WolfmanJ
Hopefully your not the same testikal that comes around ever few months and spits that the economy is going to crash....because if so...noone will want to read your posts anymore.
The fact is, the economy works on a cycle. There are ups and downs. This is proven from past recessions and depressions.
Originally posted by pluckynoonez
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.
Originally posted by Tentickles
This is a warning for everyone who reads ATS.
The economy is not getting better. It is in fact getting worse.
The bond markets are showing the strain. If people do not buy the US bonds, the government can not fund itself. Please read this blog: 4 Horsemen of the Bond Market
I can say the next comment without worry I will be wrong at all. I know this to be true
The economy is going to crash. Starting the fall of 2009.
[edit on 6/18/2009 by Tentickles]