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Originally posted by CUBD1
As much as I would love to see a total collapse and end up having to live off the land and give up this cushy lifestyle for a life of survival and adventure... it ain't gonna happen!
America is too big to fail. We're at the top of the food chain. They keep saying there is going to be a "meltdown". Where? The lights are still on.
Originally posted by mrpotatohead
Originally posted by GorehoundLarry
I never did understand why people insist removing your money from the bank when the collapse happens.
Why would you do such a thing if the dollar itself collapses? It's useless.
There's not much you can do, at all.
I'd rather it be worthless in my hands, than theirs..
Originally posted by Dbriefed
I watched Bernake talk this morning, and he was asked if the rising unemployment, dropping housing prices, and dropping commercial real estate prices would create a perfect storm this fall.
Bernake replied that he did expected unemployment to peak this fall, and coincide with a rise in foreclosures.
Can't find video though.
Originally posted by postmeme
The US is too big to fail. You won't be allowed to fail because you'd drag everyone else down with you. All countries are interlinked now and the US will simply not be allowed to fail. There might be a heavy price but still everything will go on chugging well they work it out behind the scenes.
Originally posted by mamabeth
I hear liars stating that foreign workers do work americans won't.
Originally posted by skeptic_al
Originally posted by GreenBicMan
And what are you going to do if all your paper money is worthless once you take it from the bank if the econ. is going to totally crash?
Well, nothing. Thats why this stuff is all garbage brother. If the USA crashes, your dollars are worthless..
And out of I believe the 17 recessions this country has been in, we have gotten out of all 17, so I will play the odds. Its always hard at "the bottom" but thats when the best opportunities come into play.
Depends what you mean by recover, if by recover you mean the Car park Attendants,
Cleaners funding Ferraris, Yaughts, Mansions for the Rich and Powerful as reward for a job well done,
then that's not a recovery. It's welfare for the Rich and Famous.