Home Forums Hunting & Shooting Hunter's Campfire Is the USA going to suffer a total finacial crash and if so when?

I was just wondering just how many other members here at 24HR/CF who's gut feelings are telling them that it now has become all but inevatable that the USofA is headed for a total and compleat finacial colapse with the DOW plumiting down to some where between 5000 and 2500ish and the US dollar becomming basicly worthless.

I have been watching for the last 17 months with great interest and equally great fear, what has been going on and said by finacial experts who have been featured on FOX's Glen Beck as well as sites on the NET that all are basicly in agreement that we as a nation are on a count down to fiancial disaster the likes of which the world has never seen abd that clock is at 11:59PM.

Based on what I have read combined with my gut instinct if we are not gifted a finacial miracle who's size borders on divine intervention, the USA will most likely suffer a near if not total fincial colapse some time between 2012 and 2015.

Given the fact the nObama administration still has two more years in office and nObama's finacial policies have absolutely no chance what so ever of allowing the private sectore the ability of creating the 200,000+++ jobs per month the USA deperately needs to work itself out of this depression we are in, I simply do not see any way this country can avoid finacial disaster.

The truth of the matter is the majority of the posative finacial data we are seeing comming from industries like housing and auto, was artaficially created or proped up by one of nObamas tax payor funded programs that all at some point in the extreamly near future will run out of $$$ and the true fiancial situation will then become a reality.

I honestly beleive I am not simply jumping on the doom and gloom bad wagon as i recently just became employed by a good paying job with benafits, I simply feel that nObama's socialist agenda coupled with the fact there is just no companies hiring in large numbers, not at the present or for well over a year to 18 months down the road signals it is far worce than the nObama and the government in general is admitting.

Like the fact nObama keeps stating the national unemployment is 10% which most every one knows is total BS and it is much, much closer to 15-16%. This total imcompitent spent a trillion $$$ and did not even as a result create any jobs or have any affect on the unemployment rate that anyone in the nObama adminustration has been able to prove with any lagitamicy what so ever.

So do most think I am right in agreeing with the doom and gloomers, or as I pray to all mighty God I am wrong in my agree with what they are predicting.

What do you all think and does anyone actully have the will to post what their gut is telling them is the reality of our beloved countries fiancial futire.

Personaly I can not shake the feeling we and our nation as a whole are headed for total disaster, and it is going to be far worce than any of us can possably immagine.

Be well to all,
Arthur.

10-9-8-7....Mikey???

Its going to get alot worse, before it gets better, things here in Michigan are getting bad, Im not sure whats goin to happand, but a war in our own country, could happand, as things slide down the tube! God Bless America!

January of 2011 is when it will most likely happen. Some of the Dems will be gone and hopefully some common sense republcans will be in. Government spending will have to go down and this means mostly government emeployees will have to go. The upside is, after we start paying down the debt we owe to everybody, Americans on the whole will have more money to spend with private enterprise and fewer taxes.

But it's going to happen some time so let's get it started now. The sooner the better. kwg

Unfortunately Obamas' plans are working. He is taking the country down to financial ruin purposely to suite his agenda. Even some Dems and major lib media types are starting to turn on him.

I have a good friend who is a well-respected Prof at the State U. He has been right on the money with his predictions the past 4 years. He keeps mentioning that inflation is going to rear its ugly head in a few months and prices will start going up. Hoping a Repub victory this Fall will help but GOP needs some leadership in a bad way. Time for Steele to go. GOP really needs another Contract with America like in 1994.

Wife has been unemployed ( only part time work) graphic designer/ web programmer for 4 years. She went back to nursing school 2 years ago.
Lots of undercounted part time workers.
I think it will become worse and people better start getting used to a lower standard of living

Good advice KWG

Don't sweat it, the Mayans have us covered.

My worries are this:
We need to elect leaders who will place the intrest of the contry above all others and NO ONE is ever going to get elected on a platform of cutting social programs by the billions, government jobs by the millions, and then the last nail in the coffin of a persons political carrear of we will have to rais taxes on EVERYONE at least some what to pay off the debt.

The single largets obstical to saving America and then her eventual return to greatness is the citizens them selves unwillingness to accept the truth that to get us out of this mess it is going to cause most of us a lot of finacial pain.

That is whay I have little hope we can avoid a disasater induced recovery and then return to sanity based ecnomic policies like a monitary system based on the gold standard of years past.

Ribka,
Does this proff you know have a website or other way for me to access his/her finacial predictions or info?

Thanks,
Arthur.

Saddlering,
I agree with your prediction of the possability of a war in our country.
If a total colapse does occur, what will the millions of now third and forth generation wealfair groups do for survival now that the US government (read tax payor) can no longer suport them and thier government check is worthless?

One need not much imagination to see what a bunch of druged out addicts and gange bangers who have no idea how to survive with out wealfair or drug money will do in order to feed themselves.

"Is the USA going to suffer a total finacial crash and if so when?"

I dunno.
Let's spin the big wheel!

Sounds like might be a lot of killin going on.

With the problems with Mexico, also State government vs the Fed, it looks like the 1860's all over again.

It's not how bad it might get, it's how folks deal with it. It can be either a time for folks to become neighbors again or an all out madhouse.

and a lot of that depends on where you live. wouldn't want to be on the east or west coast if the shtf

That is a pretty profound statement.

We desperately need to create jobs in the United States. We do not have the leadership capital to accomplish the needed rebuilding of our economy and fight a war. Teddy Roosevelt may have been able to lead us through both, but our current circus act cannot.

I know that there are statements that we will be out of Afghanistan next year, but I don't think it will be that quick. More like 5 years. I do feel that Obama will be a two term President and it kills me to say that. The only silver lining may be is that he is so bad that it should really jam the mid term elections to the right and make the voting public more aware of getting quality people into our government.

If we can get the elections going back the right direction both literally and figuratively, then maybe we can save this country without a civil war. Get us totally out of Afghanistan and Iraq within the next 5 years, put together a solid energy policy, take back our borders, and begin the needed rebuilding of our infrastructure and smart grid then we would be on the path to prosperity and freedom for generations to come.

Those are very big ifs and it will take the next 10 years to get some of it accomplished and the rest started. As long as we have the 2nd Amendment, there is always hope.

Other than food not many consumables and few durables are produced in the USA any more.

The service sector outweighs every thing else. The last bubble was housing with equity financing 2nd mortages used to finance cars, boats, RVs and other toys for the last hurrah.

When a country loses its ability to produce basic consumable and durable goods its awful hard to come out of a depression without a big reduction in the standard of living.

And therein lies the unsolvable problem & the reason we cannot "work" our way out of the financial mess we are in.

We don't manufacture much of anything anymore & as a result, our dollar will continue to fall in relation to other major currencies until it has virtually no value, our national credit will be gone, inflation will be rampant & we will experience financial collapse.

Just a matter of time...........the social & geopolitical ramifications that will follow, I'll leave to your imagination.

MM

In order to bring manufacturing back to America we must reduce taxes and eliminate the exccessive regulations that prohibit growth and wages need to be static until the company becomes profitable. If we can't do these things we are doomed and we will be lucky to be a third world country. If not we will be nothing more than a satelite colony of China with Chinese nationals calling the shots. kwg

The US will only experience a total crash into third world status if the crazy ass talk of a revolution goes any further than trash on the barstool and internet.

People have no idea..