America Heading Towards a Collapse Worse Than 2008 AND Europe

[Cheetah786]

If Politicians are being elected for protecting Israel and its Interest while running for political offices in USA and cannot get re-elected unless they continue on that path the results are starting to show in American economy.

Clinton, Bush and Obama spent Most of there Time in office doing just that and allowing American economy go to dumpsters TA_DA congratulation You are having a Bankruptcy.

 

[faithfulguy]

US economy is not going to go down any time soon. If i does, the rest of the world will go down as well as everyone has the dollar as the reserve. Get real and stop all these useless predictions. This idiot is way over his head now and he will be proven wrong.

On the other note, in term of infinity, every country will collapse. So you can fill in the blank with which ever country you like.

__________ will collapse.

 

[longyi]

Right now we are having a big hiccup, as well as everyone else, but is not detrimental and will make it through with the best of the lot. But if we bring all our troops and concentrate on defending our borders and littoral water, we'll have money to spare. Even better if we sell half of our carrier groups and other military surplus equipments to our 'allies' and let them defend themselves, we'll be rich for a long time to come. War is not as profitable as it once was, I don't think.

 

[Meengla]

Collapse?! That's too strong of a word to describe a country with strategic isolation (two oceans), highly productive and educated workforce, and plenty of natural resources.
I think a 'new normal' is probably going to happen: No more 6000+ sq ft homes for a family of 4, no more binge shopping on credit cards and, hopefully, not as many wars to promote 'freedom and democracy' in the world.

 

[longyi]

Collapse?! That's too strong of a word to describe a country with strategic isolation (two oceans), highly productive and educated workforce, and plenty of natural resources.
I think a 'new normal' is probably going to happen: No more 6000+ sq ft homes for a family of 4, no more binge shopping on credit cards and, hopefully, not as many wars to promote 'freedom and democracy' in the world.

Didn't you hear? Mayor Bloomberg of New York City is going to create a lot of 'micro apartment' in the city. That should the trend for all big cities around the world, aside from every thing else, modern families are much smaller nowadays.

 

[Zabaniyah]

Technically, the US economy cannot go bankrupt. But I'm certain that there will be more hard times for the US economy. They need to make changes fast.

Tax the rich!

 

[T90TankGuy]

the whole of last year another member here (aryan b ) used to post threads about the collapse of America virtually daily . he predicted the collapse in a few months . guess what he was wrong.

 

[gambit]

the whole of last year another member here (aryan b ) used to post threads about the collapse of America virtually daily . he predicted the collapse in a few months . guess what he was wrong.

We were supposed to 'collapse' back in Jun 2010, according to the Russians.

 

[SinoChallenger]

USA is going to hyperinflate end of this year or beginning of next. This is the perfect time for China to dump all its USA treasuries! Domestic unrest is just ready to explode in all the major cities in America

The current economic pause is actually the beginning of a material slowdown or recession into year end. At that point, the Federal Reserve will unleash a third round of Quantitative Easing — weakening the dollar without jump-starting the economy. As a result of dollar weakness, import prices rise, pressing the margins of corporate America. Lower margins lead to heavy layoffs, sending millions of workers into unemployment during a time when they can least afford it. Banks fail, housing collapses, and taxes are raised in a futile effort to give the tapped-out government the capital to try yet more futile stimulus.

"That's when it really is going to get interesting, because that's when we hit our real fiscal cliff, when we're going to have to slash — and I mean slash — government spending," says Schiff.

Those cuts will not be at all unlike the draconian austerity measures in Greece, with programs like Social Security and Medicare being dramatically cut or possibly disappearing entirely. The easiest way to put it, is that everything you don't think could possibly happen in America will come to be.

"Alternatively, we can bail everybody out, pretend we can print our way out of a crisis, and, instead, we have runaway inflation, or hyper-inflation, which is going to be far worse than the collapse we would have if we did the right thing and just let everything implode," he offers.

 

[Hello_10]

We were supposed to 'collapse' back in Jun 2010, according to the Russians.

Gambit, you support US for obvious reasons, as a collapse of US$ will finish life style of you and your family based in US. but have a look on the budget expenditure of US in my post #13, around 23% is spent on medicare, 20% on social security, 6% on interest, and 19% on defense = 68% of total Budget Expenditure of Budget Deficit of 9% to 10% of GDP. and rest of 32% of expenditure includes payments for education/government servants/police/political tours etc also. means, you have very less to spend on investments etc this way

and here again, a developing economy like pakistan may have high debt but on long run, it would have 4% to 5% growth so obviously Debt to GDP ratio will come down. but a developed economy like US/EU is 'saturated', not enough space to grow in future, and more you are borrowing to pay for the expanses, more you are going into higher trouble. remember, US was supposed to face 'deep' recession in 2010 but more borrowing by breaking down debt ceiling of 100% debt/GDP ratio let you survive. and also if you have a look on the datas of last 4 years, since late 2008, then US is only borrowing to survive and have increased Debt/GDP from 70% in 2008 to around 103% right now. the same for Britain whose Debt/GDP was 50% in 2008 and now 86% to date, but GDP size is still maintaining the same? no real growth and you are just maintaining your economy size with higher borrowing to pay for the expanses/bail-outs

and if we want to discuss the facts then i can tell you few things in a simple way also, even if you dont have enough economic knowledge. that is, if you borrow money and buy a Truck then it means you will do business of that money through the Truck to return the debt and have growth. like how India invites private investments in infrastructure as it will finally help it have high GDP in future with higher return. but in your case, US borrow and pay for pensioners/medical/social security????? how will you return this money this way????

you may borrow upto 500% of Debt/GDP but it will be a suicidal case if you fall from that mountain as compare to falling from 100% debt/GDP level, isn't it? and except being hopeful to win few wars in short term to get work done, US dont look like have any future with any new technology which may again bring flow of foreign money into the country. and have a look on Libya war, and now Syria war, and then Iran on target and ongoing tussles in EU, India, Russia, South America, China etc, US has organized too many different types of wars every where, and is targeting different countries one by one. we hope US may get something out of these wars otherwise you would think to pack from there in just 2 to 8 years from now........

 

[Cheetah786]

the whole of last year another member here (aryan b ) used to post threads about the collapse of America virtually daily . he predicted the collapse in a few months . guess what he was wrong.

You call whats happening in USA right Now progress an economic Boom really.

Guess again

WASHINGTON (AP) — The ranks of America's poor are on track to climb to levels unseen in nearly half a century, erasing gains from the war on poverty in the 1960s amid a weak economy and fraying government safety net.

Census figures for 2011 will be released this fall in the critical weeks ahead of the November elections.

The Associated Press surveyed more than a dozen economists, think tanks and academics, both nonpartisan and those with known liberal or conservative leanings, and found a broad consensus: The official poverty rate will rise from 15.1 percent in 2010, climbing as high as 15.7 percent. Several predicted a more modest gain, but even a 0.1 percentage point increase would put poverty at the highest level since 1965.

Poverty is spreading at record levels across many groups, from underemployed workers and suburban families to the poorest poor. More discouraged workers are giving up on the job market, leaving them vulnerable as unemployment aid begins to run out. Suburbs are seeing increases in poverty, including in such political battlegrounds as Colorado, Florida and Nevada, where voters are coping with a new norm of living hand to mouth.

US poverty on track to rise to highest since 1960s - Yahoo! News

 

[INDIAISM]

Its very easy for an Iranian to say that American Economy is heading for a collapse as they are not directly linked with their Economy.......But let tell you the impact of America's collapse-

a}Their will be a huge impact Chineese,Indian,Taiwan,Pakistani,Bangladeshi,Japaneese,Korean,Arab economies as they America is the biggest importer of their products....

B}Crude price and price of base metal will collapse as America is the major consumer these product...which will impact Australian,Russian and Iran economy....

C}Value of dollar will collapse and at present China and Japan has huge reserve of dollars...

D}IT firms in India,Pakistan or Philipines will have to bare the brunt as U.S companies are their major customers...

So its better for you to keep your wet dream to yourself only....because if U.S economy will go down then it will take down the world economy with itself....

 

[faithfulguy]

US is one of the pillar of the world economy. So a collapse of the US economy will lead to a collapse of the world economy. Including the Iranian.

 

[Vassnti]

We were supposed to 'collapse' back in Jun 2010, according to the Russians.

Acording previous posts the US has been collapsing every week for the last 5 years

The US has been stealing Pakistans nukes every week for the last 5 years.

Perhaps time for a few infractions for starting new posts when 234,973 posts on the same topic already exist.

Would that not be acording to PDF rules?

 

[Luffy 500]

52 pieces of america would be great. There are still some racism between southerners and notherners I heard. In dire economic situation and an epic collapse of this satanic state would be great. China can annex some parts as their overseas territories and russia can also cheap in. Emerging muslim powers like Turkey and Indonesia should develop themselves further to get themselves in a position to gain some US territories. Some of the independent states will be muslim majorities as well.