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To: Aquinasfan

I see depression for atleast ten years, Argentinian style government policy. The borrow and spend expansion economy of the US based on consuming and not producing is over and left the US broke but supported by printing of dollars. Deflation is first as huge inventory of products must be liquidated at low prices followed by hyper inflation as the excess printing of US dollars will catch up. The world fiancial system is collapsing (government and international bankers cannot control the process) and a new one will form in its place (nature of it is unknown). It is going to be very rough for those who have debt (mortgages, equity loans, credit card balances). Organize your family, street and town for the coming storm, that is the only way we will survive the coming crime wave, riots, and service disruptions.


20 posted on 12/23/2008 9:23:58 AM PST by Fee
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To: Fee
I see depression for atleast ten years, Argentinian style government policy.

That's a real possibility. It's a perfect storm, with the Dems taking control of all three branches of government at a very inopportune time. Actually, it's reminiscent of the events leading up to the Depression.

22 posted on 12/23/2008 11:24:53 AM PST by Aquinasfan (When you find "Sola Scriptura" in the Bible, let me know)
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