When Will The American Economy Collapse?

1. Bad Moon Rising Says

   It is a funny thing…I was posing this question to myself last night.
   There is no real good answer, but a good guess would be about 15-20 years from now. Actions concerning open trade with China by Clinton, making permanent the preferred trade status of China, the lost wars by Bush in Iraq and Afghanistan, Bush’s inability to fully understand that the open trade policy with China would eventually lead to a US dollar worth about 25% of what it was prior to the trade opening, Bush listening to his advisers to pump Trillions of dollars into mortgages to support “housing starts” as a leading economic indicator (to hide stock market declines), Bush thinking that by securitizing bad mortgage debt and pawning it off to global investors (without affecting US debt ratings?); all have pretty much guaranteed that the North American and as a result the Global economy will be completely destroyed in about 15-20 years. It will make the Great Depression look like an unprecedented period of prosperity.
   To those that wish to blame Obama…grow up..the die was cast long before he came into power. The name of the game now is survival and not “growth”. No doubt the US can’t afford Medicare, no doubt that Pelosi, Reed and Boxer are hastening the uS into the toilet, no doubt that the semblance of economic recovery is very transient!
   The US will flush the Dems out of power in November, the stock market bill bounce up, the Repubs will float an unqualified candidate as President and Obama will lose to an idiot in 2012, the stock market will creep upward to beyond the 2012 elections, but then after a year when it becomes obvious that the problem never was Obama, it will tank!
   It will take about 10 years beyond that of Congressional and Presidential chaos, with incompetency ruling policy; and the US will completely collapse under the weight of un-repayable debt and no domestic industry!

2. m i c Says

   the paper money system, globally, is reaching its final limit. Its called a fiat money system for a reason. (Although Fiat now owns Chrysler, so you can even buy a fiat car with your fiat money, hehe). The point being that there is no true value to the vast majority of al the world’s monies’ supplies and banknotes, only perceived value. This being the case, it can either never collapse, or collapse when enough people simply believe that it has.

3. No Name Says

   We are headed for extreme stagflation. As of now, the real unemployment rate is similar to that of the Great Depression. I am ready. I am only getting more ready with time. I have excellent investments that can stand both deflation and inflation. I’d give you ideas but it is better to keep them secret. I can at least tell you silver is your best bet now. Gold is OK but stands the risk of being confiscated (that has happened in the US before). My primary investment is ingenious and overlooked and I want it kept that way.

4. Rebecca Doe Says

   My guess is not long after Obama care begins. Your going to see a lot more people losing their homes and standing in the welfare lines once the health care tax begins. It may happen sooner than that, but I think Obama care will be the final straw that pushes us over the edge.

5. Anonymous Says

   If this administration doesn’t stop spending and printing money thus devaluing the dollar it will be sooner than you think. many countries are stock piling gold. If the U.S. goes under so does the world. I believe that is the master plan. then Obama can be the World Leader. I do not think the people will allow his plan to continue though.

6. Dae Lother Says

   August 20, 2351.
   It will be caused by the eruption of the Yellowstone park super volcano.

7. A Voice of Reason Says

   If this happens, inflation will rise, and there will be a depression in America that makes the 1930s look like a blip.

8. fartley1 Says

   It will collapse when enough people stop paying their fair share of taxes to keep the government running…

9. Anonymous Says

   Quickly, if we don’t repeal Obamacare.

10. Mark Says

    “The sun won’t come out tomorrow. Keep your bottom dollar, ’cause tomorrow ….. no more sun.”

11. wj Says

    two years if we do not cut spending and monetizing the debt.

12. Let’s go Tigers Says

    If Obama continues the way he is going approx. 2-3 years.

13. Anonymous Says

    I doubt it will, it will just remain in a poor state for longer if mismanaged

14. i’m bored Says

    2014 is my guess

15. beach heaven Says

    It’s in the process now, have you seen the latest numbers?

16. paulcond Says

    it won’t ,but be ready to be tax hard

17. Dragon Metohell Says

    think about which group has given the U.S financial advice , bernanke greenspan ,summers… who are these people ?

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