Recession ??? We are in a depression th
Post# of 65629
Posted On: 02/04/2016 2:17:10 PM
Recession ???
We are in a depression that is being hyperinflated...been hiding it for years with accounting tricks ...flat tire with a slow leak that wasn't fixed. Sooner or later the tire goes Boom!
We are hanging on by a thread...when the bubble pops. You are looking at 40% unemployment or more...some say 20-30 years like in the 1860-1900 depression.
You got a small taste in 2008. There won't be a bailout this time around. In the great depression those with assets bought up stuff for penny's on the dollar. Stock market company's collapsed and were bought up by those with assets. When the stock market settled there were about 200 company's left.
It is past Republican or Democrat
It ain't going to be pretty...
But then I could go into conspiracy theories Anti Christ and one world government...
I am going with just a very hard reset...as the US can function and do well outside of the world economy. Maybe it is China turn to police the world.
We are in a depression that is being hyperinflated...been hiding it for years with accounting tricks ...flat tire with a slow leak that wasn't fixed. Sooner or later the tire goes Boom!
We are hanging on by a thread...when the bubble pops. You are looking at 40% unemployment or more...some say 20-30 years like in the 1860-1900 depression.
You got a small taste in 2008. There won't be a bailout this time around. In the great depression those with assets bought up stuff for penny's on the dollar. Stock market company's collapsed and were bought up by those with assets. When the stock market settled there were about 200 company's left.
It is past Republican or Democrat
It ain't going to be pretty...
But then I could go into conspiracy theories Anti Christ and one world government...
I am going with just a very hard reset...as the US can function and do well outside of the world economy. Maybe it is China turn to police the world.
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I'm a Crazy Scots-Irishman Blue Blood... It's probably not a good idea to listen to me...everything I say is of my opinion. I'm not a good place to get investment advise...