Home Forums Hunting & Shooting Hunter's Campfire Economic Crash??

When is the chit going to hit the fan? I say there's a good chance of it happening within the next two years. Any predictions?

About any day from here on out is a bonous.

after making it through 2008 I don't believe one is in the offing.

this country is in the business of kicking the can further down the road, and at that we are very very good.

just let them keep printing money and redistributing it, and you keep on paying more and more taxes. the system will likely go on forever.

Could very well be. Depends on how many tricks the Fed can keep pulling out of its bag. I think there has to be an end very soon to these tricks that are merely keeping the financial sector humming (helping multimillionaires and billionaires become even wealthier) but simultaneously wrecking the real economy of the nation.

the panama canal (owned or leased by the Chinese) is upgrading to make room for super ships. apparently the globalization that is occurring is disrupting national economies and causing them to re-structure.

the fact that the UN hasn't converted to a one-world currency just boggles the mind.

and the goldbugs want a crash, so as to show everyone how important hording gold is. why, there's something in this game for nearly everyone.

Ask Mr. Cruz!

Ask Mr. Bernanke or his bosses. They decide.

This!

The fed has run out of tricks IMO and the patient has just so much blood....

It is already on. The police state does 80,000 SWAT raids a year.

Who knows when, but IMO the "It's really slinging it now" moment will come when the Government checks stop coming to the inner city low lifes who have no clue how to make a living and they start roving out past their usual turf to pillage.....

The checks will never stop coming. However, the dollars those checks are redeemed for will steadily purchase fewer and fewer goods, all the while we'll be told by the Fed Gov how wonderful it is that we have a near zero percent price inflation rate ... that based on the annually increasing amount of computing power that one can purchase for one's dollars. Too bad you can't feed your family, run your car, or heat/cool your home with computing power.

The obama admin. and lib\congress have plenty of time and extremely deep pockets (our money). No big rush, like Walt nwalaska says "Crisis - What Crisis??"

The longer we wait, the worse it will be.

True.

In general, Monetary policy can be used to target either interest rates, or inflation, but not both at the same time. Once conditions force the Fed to end their bond buying and raise interest rates to avoid excessive inflation, growth will return to near zero, or we will slip back into a recession. The current causes of our economic problems are Fiscal, over regulation, and just plan bad policy. Until these core issues are addressed the American engine of prosperity will not be fully engaged.

I think the country has pretty well gotten used to the engine running at idle. It's the accepted "new normal" now, so no one is crying about it much anymore. We'll be stuck in neutral until a real conservative gets elected some day.

When Russia or China finally convince the rest of the world to stop using the Dollar as the effective "reserve currency" (esp. with regards to oil), THEN it will hit the fan.

Until this happens, the Fed will just keep printing money for as long as they can get away with it, effectively "inflating" folks out of their earnings and "inflating" themselves out of the debts the US owes other nations.

Given the data presented here on the 'fire it should have happened numerous times over the past few years. Still waitin', still earnin'.

Things wont completely hit the crapper while a dem congress (senate) and dem president are "in charge".

Get a conservative in there, or ave the senate go conservative and start putting up Cons policies, and "suddenly" things will get far far worse.

Ayn Rand predicted this 50 years ago. The producers need to stop supporting the fiction and allow it to crash.
Those of us who lived thru the 50s remember that with 'Dad' being the sole worker (for the ladies, outside of the house) could go to work and support a family of five, pay for a house, save money, buy a car every 4 to 5 years, etc.
That same life style, today, now requires two workers outside of the house.
The American dollar should come on rolls so that we have a choice we can spend it or use it to wipe our butts.

Jim