This is how the economy is going to playout
 

Good read.

http://firedoglake.com/2008/03/08/ho...g-to-play-out/

could he make it any scarier?

One year ago, when somebody talked about this, americans simply said 'You don't understand american economy'.

It was obviously comming.

Good read.

Interesting. It's only common sense that these types of things would happen with the mass lack of fiduciary responsibility of the American public and gov't.

Sounds like a LaRouchite.

Good luck with the bonus predictions but most of the others are already occuring.

So it's like (almost) time to pass the Kool-Aid, eh?

Hope that cat's predictions are way wrong.

Porn signups will surely suffer

I lke the bit about zombie exurbs..

yep or we are surely fucked. lol

Reality won't hit the average potato head until they can no longer afford to be McDonalds Dollar Menunaires.:1orglaugh:1orglaugh:1orglaugh

I remember losing my job during the recession in the 80's. Got laid off there was nothing out there in the car business dealerships were closing one a week. I wound up working at a flower shop making shit busting my ass there for 60 hrs a week. It took about 6 months then things opened up and I was able to get out of there. I was so happy. lol

No shortage of negative predictions there lol

Sent it to my dad to get his thoughts. He is retired he did international banking for 20 yrs.

want to get ahead of the curve?

stock pile gold right fuckin now

even at record prices, its still a very very safe investment

Thank you for the story about your hard work and determination.

This brings up another huge issue I never hear anyone talk about which is the character of the average person who will suddenly come face to face with poverty.

Can you imagine how much worse the great depression would have been if you replaced the population which existed at that time with the population which exists today? :1orglaugh:1orglaugh:1orglaugh Would there even be anything left?

Once it holds above $1k USD.....................goodbye:winkwink:

Kico pool accounts are nice because they keep it safe for you.

The sad thing about the economy is that this shit was predicted years ago by a lot of people. I remember hearing experts talk constantly about how housing is going to go in the shitter. How banks are going to get fucked hard. No one seemed to listen though.

Now we have a government who thinks mailing out some $600 checks is going to magically fix the problem.

He is a smart guy.