How much longer before it gets economically really bad?

A tree does not burst into a fully leafed state at the advent of spring though, to many it seems so as, they do not take note of the subtle changes that occur.

As long as 95%+ of the sheeple believe that everything is fine,.. well, maybe not fine, but still ok. After all, the government tells me everything is going to be fine and I believe them... don't we all?

Beware of the "Y2K" type of mentality, but getting ready to be self suficient is not a bad idea. I see gold and silver dropping to a level of about $14-15 for silver and $750 or so for gold.

The dollar will gain a bit of strength and the markets will respond. I don't know if the economy can fake its way thru another true cycle or two (or more?) but I think we are looking at '09 before anything hits... that's still not very far away and I really don't know a darn thing anyway... just a guess.

“Liberty means responsibility. That is why most men dread it.” - George Bernard Shaw

wants are unlimited, means are scarce...

don't have many manufacturing jobs left.
Our tech jobs are going to foreigners.
Bill Gates asked congress if he could bring
an infinity amount of H1B workers here. And he asked congress
if they could speed up the green card process
for his workers.

The job market is getting really bad.

The most secure jobs will be working at
walmart and fast food restaurants.

S ingular
M en
E verywhere
R ealizing
F eudal
S tatus

unite the smerfs.

As I was looking for the money bomb ticker I came across this

http://www.americaneconom...

functioning naturally, the worse and more protracted the failure will be. There are many ruses and stratagems that can be used by the Fed, for a while, in order to keep the market from working. The more they employ, the bigger the problem gets and the longer it will take to recover.

The U.S. federal government is nearing upon 10 trillion in debt. In addition to that the U.S. has close to 60 trillion already amassed in future entitlement obligations, without the money to cover any of it. When we top that off with state and local governments debt.........

We are in big trouble...

The only way I really see the U.S. getting out of this mess is via crippling hyperinflation. We will print ourselves out of debt while at the same time anyone with significant amount of their net worth in cash will be wiped out.

The economy here is so bad that I see the pain in the eyes of the Fox news guys on TV. You can see that they are trying to be all "news" like but they can't hide it anymore.
Driving through Lansing the other day I saw families pushing shopping carts with all their stuff. It's all over Michigan ! It freaks me out to see this.everywhwre I go it's the same damned thing. For sale signs everywhere.
They would actually get excited about the season opener today and say that it will bring 100,000,000 in revenue over the course of the season but who are they kidding ? noone has the money to go to the games.

The irony for me is that america is suppose to be baseball and apple pie but the way it is now the apple pie is too expensive for a normal family and the baseball is completely out of the question.

*shrug*

Many people do not believe the elections will happen at all.

Some crisis will "occur" that will trigger martial law before the elections occur.

Do your research - there are plenty of DP posters with "insider information" from their jobs/experience that document many different "dots" being put into place for martial law.

In particular, is there a buildup towards an attack on Iran in process right now?

Judging from the amount of Fiat Money they are pumping into circulation, I would say the Fiat Monetary System should reach its maximum possible life-span between 2012 and 2015 however, things will begin to slide rapidly down-hill long before that.

and during the elections? Why all of a sudden, do we have this devaluation of the dollar and the housing market crunch during the elections...seems more than coincidental!

I have been predicting severe crisis starting in June or July '08 for a while now. However, now that I see the lengths the government and Fed are taking to prop up the financial sector and economy I may add a bit more time to that, like as much as 1-3 months more. As far as I know I have one of the earliest predictions around, and this is because I'd prefer to err on the early side. I don't think we'll make it to 2009, though, in all honesty.

Just prioritize. The order is water, food, shelter and self-defense. These are also the kinds of jobs which will be expected to fare well, for example, working in places that sell basic foods, medical locations, and police/security. Bottle up a store of water, and buy beans. That doesn't take months or cost a lot. Start with the basic priorities and add as time permits.

Does that include oil tankers for our gas stations, in addition to goods for our grocery stores?

www.dailypaul.com/node/44...

USA 2008 - The Great Depression

The only jobs for your kids will be "personal service" jobs (threre's a reason that the popular shows are about cooks and tattoo artists!), because all others that can be done over the Internet will be outsourced.

always been good and bad times. You will be fine because you are aware and a Ron Paul supporter that tells me your smart. Peace

It began with the fall of Enron. The ripple effect is getting larger and larger as time goes by.

through 2010

my guesstimatin is 5-20 years.

To many variables to tell exactly. We will see it get worse this summer, but no clue as to what will happen after that.

if we bomb iran and they retaliate, I see things getting bad really fast. Oil prices hitting $150/gal and the spiral the economy will fall into from that.

Only time will tell.

I hope everything just turns out dandy though. :)