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Joined: Aug 2009
Posts: 14,742
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Aug 2009
Posts: 14,742 |
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?
Jed York does not own the 49ers; Russell Wilson does.
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Joined: Apr 2008
Posts: 17,214 Likes: 9
Campfire Ranger
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Campfire Ranger
Joined: Apr 2008
Posts: 17,214 Likes: 9 |
About any day from here on out is a bonous.
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Joined: Aug 2005
Posts: 26,337
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 26,337 |
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.
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Joined: Jun 2002
Posts: 132,030 Likes: 63
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,030 Likes: 63 |
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? 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.
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Joined: Aug 2005
Posts: 26,337
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 26,337 |
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.
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Joined: Apr 2007
Posts: 7,634
Campfire Outfitter
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Campfire Outfitter
Joined: Apr 2007
Posts: 7,634 |
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? Ask Mr. Cruz!
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Joined: Feb 2011
Posts: 26,389 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Feb 2011
Posts: 26,389 Likes: 6 |
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? Ask Mr. Cruz! Ask Mr. Bernanke or his bosses. They decide.
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Joined: Feb 2009
Posts: 4,870 Likes: 5
Campfire Tracker
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Campfire Tracker
Joined: Feb 2009
Posts: 4,870 Likes: 5 |
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? 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. This! The fed has run out of tricks IMO and the patient has just so much blood....
“Some ideas are so stupid that only intellectuals believe them.” ― G. Orwell
"Why can't men kill big game with the same cartridges women and kids use?" _Eileen Clarke
"Unjust authority confers no obligation of obedience." - Alexander Hamilton
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Joined: Nov 2004
Posts: 6,237
Campfire Tracker
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Campfire Tracker
Joined: Nov 2004
Posts: 6,237 |
It is already on. The police state does 80,000 SWAT raids a year.
Ignorance is not confined to uneducated people.
WHO IS JOHN GALT? LIBERTY!
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Joined: Mar 2004
Posts: 20,864 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Mar 2004
Posts: 20,864 Likes: 6 |
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.....
Please don't feed the trolls!
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Joined: Jun 2002
Posts: 132,030 Likes: 63
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,030 Likes: 63 |
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.
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Joined: May 2010
Posts: 14,990 Likes: 4
Campfire Outfitter
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Campfire Outfitter
Joined: May 2010
Posts: 14,990 Likes: 4 |
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??"
--- CAUGHT IN THE CROSSFIRE --- A Magic Time To Be An Illegal In America---
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Joined: Nov 2004
Posts: 17,294 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Nov 2004
Posts: 17,294 Likes: 4 |
The longer we wait, the worse it will be.
"I have sworn upon the altar of God, eternal hostility against every form of tyranny over the mind of man." Thomas Jefferson
GeoW, The "Unwoke" ...Let's go Brandon!
"A Well Regulated Militia" Life Member
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Joined: Jun 2002
Posts: 132,030 Likes: 63
Campfire Sage
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Campfire Sage
Joined: Jun 2002
Posts: 132,030 Likes: 63 |
The longer we wait, the worse it will be. True.
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Joined: Nov 2011
Posts: 31,211 Likes: 9
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2011
Posts: 31,211 Likes: 9 |
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.
You didn't use logic or reason to get into this opinion, I cannot use logic or reason to get you out of it.
You cannot over estimate the unimportance of nearly everything. John Maxwell
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Joined: Jan 2005
Posts: 22,884
Campfire Ranger
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Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
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.
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Joined: Jun 2008
Posts: 6,090 Likes: 6
Campfire Tracker
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Campfire Tracker
Joined: Jun 2008
Posts: 6,090 Likes: 6 |
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.
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Joined: Nov 2002
Posts: 33,826 Likes: 16
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,826 Likes: 16 |
Given the data presented here on the 'fire it should have happened numerous times over the past few years. Still waitin', still earnin'.
Conduct is the best proof of character.
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Joined: Jan 2010
Posts: 6,276 Likes: 5
Campfire Tracker
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Campfire Tracker
Joined: Jan 2010
Posts: 6,276 Likes: 5 |
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.
Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Joined: Aug 2003
Posts: 5,737
Campfire Tracker
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Campfire Tracker
Joined: Aug 2003
Posts: 5,737 |
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
"Whensoever the General Government assumes undelegated powers, its acts are unauthoritative, void, and of no force." --Thomas Jefferson
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