Volconvo Debate Forums - View Single Post - Are we headed for a major economic depression?

RVonse · Apr 12, 2006, 11:40 pm

Having George Bush in charge of the economy is like putting Nero in charge of flammable materials. After carefully reading this: http://www.markswatson.com/Depression1.html
I am rapidly coming to the opinion that some sort of major depression is in store for us. Basically what the author tells us is that at this point in time, the U.S. is in the last stages of staying solvent and that there are tell tale signs of collapse but that these signs are not reported by the media.. Although the authors timeline is obviously off, I truely believe that his logic is sound. He believes there are 1 of 4 ways we could fall apart.

What do you guys think? Should we be buckling down the hatches and preparing ourselves for the worst? I happen to have my house paid for, but what are some other prudents steps to be taking now before the shit hits the fan?

Apr 12, 2006, 11:40 pm	#1 (permalink) (top)
RVonse Igneous Magma Posts: 566	Are we headed for a major economic depression? Having George Bush in charge of the economy is like putting Nero in charge of flammable materials. After carefully reading this: http://www.markswatson.com/Depression1.html I am rapidly coming to the opinion that some sort of major depression is in store for us. Basically what the author tells us is that at this point in time, the U.S. is in the last stages of staying solvent and that there are tell tale signs of collapse but that these signs are not reported by the media.. Although the authors timeline is obviously off, I truely believe that his logic is sound. He believes there are 1 of 4 ways we could fall apart. What do you guys think? Should we be buckling down the hatches and preparing ourselves for the worst? I happen to have my house paid for, but what are some other prudents steps to be taking now before the shit hits the fan?