Got a vague word of economist saying the U.S.will be economically doomed in 12 months
- Thread starter itzkwik
- Start Date
I did not hear it today, but several economist are saying things could get really bad by late 2012. The predictions I have heard range from a major double dip recession to a depression that makes the 30s look like nothing. This is what I think all the end of the world predictions are really talking about.
After all for a lot of people not being able to run to Walmart or McDonalds would be the end of the world.
That's weird cuz GC and me saw 5 or 6 box vans parked at a local trailer park (KOA like place for RVs and such) last night with really nice wrap on them saying that 2012 was not coming after all ... but May 11, 2011 was gonna be a ***** ...
I kinda wondered why they spent all that money on a bunch of box vans ... and I would be doing a lot of things with my time if I knew the actual date of the end of the world ... sleeping in a motor home in a little bitty trailer park in December in Oklahoma is NOT one of the things on my list ...
There are some many things that could crash the bond market in a heartbeat. As my grandfather used to say, Hope for the best but prepare for the worst.
Pay down your debt - the one thing you can't hardly go wrong doing.
Meanwhile beware of people predicting disasters who are also selling something.
Exactly.
As for people predicting disasters, I only listen to well known economist on something like this. Preferable those not selling a book,
Evacuate? In our moment of triumph?
http://hotair.com/archives/2010/12/20/video-the-coming-collapse-in-the-state-budgets/
there you go! from 60 minutes
there you go! from 60 minutes
Similar threads
