Reality check.

With everything pointing and going downhill, I see the US becoming a Third-World Country.

Unemployment is bounding daily, Corps and other companies are either failing or bailing. I don't see it far off that at least half the country will no longer have jobs.

Open borders, no more enforcement of Immigration Laws. Increases in HB VISAs competing for the few jobs that come up.

If you were to make a prediction about when we will be living it, how long would you say before it is reality?

good joke

Prove it's not happening?

Could still go either way. If it our economy fails I'm hoping for at least 8 years. Not real hopefull on that though

I do so wish I could

i think it will happen in the next decade or so

anything can happen and i don't find it funny if it goes bad. i don't think the sky is falling but the sun isn't shining either

I'm not that pessimistic. I don't see that at all.

I wish I could feel that way Boo. I do not think it's too late for us to get back on track but the time is rapidly approaching. I'm not one to subscribe to ancient predictions and such but I just can't help hoping all the predictions for 2012 aren't actually there and pointing to the colapse of the world economy. The possible timing isn't that far off.

yes US with thru this in the 1930's and came back to be the most powerful country in the world every dog has it's day and it's US's day but i dont every see US going under

Aside from promises, what indicators can be presented that we aren't headed in that direction?

Hi Davey

I guess I am just an optimistic person, but I really do not feel dooms day is coming. And I am pretty sensitive to things coming around, and feel it, but I just don't feel it. What predictions are you referring to out of curiosity?

What caused the Great Depression, the worst economic depression in US history? It was not just one factor, but instead a combination of domestic and worldwide conditions that led to the Great Depression. As such, there is no agreed upon list of all the causes of the Great Depression. Here instead is a list of the top reasons that historians and economists have cited as causing the Great Depression.

The effects of the Great Depression was huge across the world. Not only did it lead to the New Deal in America but more significantly, it was a direct cause of the rise of extremism in Germany leading to World War II.

1. Stock Market Crash of 1929
Many believe erroneously that the stock market crash that occurred on Black Tuesday, October 29, 1929 is one and the same with the Great Depression. In fact, it was one of the major causes that led to the Great Depression. Two months after the original crash in October, stockholders had lost more than $40 billion dollars. Even though the stock market began to regain some of its losses, by the end of 1930, it just was not enough and America truly entered what is called the Great Depression.2. Bank Failures
Throughout the 1930s over 9,000 banks failed. Bank deposits were uninsured and thus as banks failed people simply lost their savings. Surviving banks, unsure of the economic situation and concerned for their own survival, stopped being as willing to create new loans. This exacerbated the situation leading to less and less expenditures. 3. Reduction in Purchasing Across the Board
With the stock market crash and the fears of further economic woes, individuals from all classes stopped purchasing items. This then led to a reduction in the number of items produced and thus a reduction in the workforce. As people lost their jobs, they were unable to keep up with paying for items they had bought through installment plans and their items were repossessed. More and more inventory began to accumulate. The unemployment rate rose above 25% which meant, of course, even less spending to help alleviate the economic situation.4. American Economic Policy with Europe
As businesses began failing, the government created the Smoot-Hawley Tariff in 1930 to help protect American companies. This charged a high tax for imports thereby leading to less trade between America and foreign countries along with some economic retaliation. 5. Drought Conditions
While not a direct cause of the Great Depression, the drought that occurred in the Mississippi Valley in 1930 was of such proportions that many could not even pay their taxes or other debts and had to sell their farms for no profit to themselves. This was the topic of John Steinbeck's The Grapes of Wrath.
same thing thats going on now

Hard to say. In 1929 things got really bad. People were out of work till WWII. If something like that happens the results could be totally unpredictable. The flood of illegals into the country is hurting unemployment and making the third world scenario more likely. The national debt is huge. Something will have to change.

yes i agree 100% and the WWII thing is comming back around look north korea and japan and all the country just reay to go to war i see a war comming but dont know if it's WWIII or not but i see it's comming and thats what will take us out of this ression liek it did in 1930's

There are numerous predictions from ancient sources, the maya's are a big one their date is pretty absolute and predicts a total change in the worlds makeup. But there are many other predictions from other cultures that point to the year 2012 as being very significant. I don't really believe in such stuff but it's hard to help thinking about it.

Yeah

This is what scares me. With people in complete denial of the possiblity how can we hope to over come the obsticles.

Civilizations with more power than ours have collapsed. We are not immune or invulnerable.

Willing,Willing,Willing What are we gonna do with you?



Cool thread topic though

Well I do agree it's hard not to think about it, especially when people in this situation become paniced and or just plain fearful. I worry that people collectively make things worse by acting out when they don't really know what is going on.