Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Money Expert: We’ll Be in Recession By End of Year
Newsmax ^ | April 15, 2011 | Forrest Jones

Posted on 04/15/2011 9:15:29 PM PDT by RobinMasters

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-68 next last
To: dr_lew

No, my automobile still runs on petroleum. Don’t know anyone with a natural gas powered vehicle, biofuel vehicle, electric car, or even a hybrid. Oil is today’s fuel, tomorrow’s fuel. Maybe if we’re lucky, it won’t be a major fuel a century from now, but we ain’t there yet.


41 posted on 04/15/2011 11:15:33 PM PDT by yup2394871293
[ Post Reply | Private Reply | To 29 | View Replies]

To: Frantzie
" Keep watching TV sheep cause you are helping Hussein take everything you have by watching."

Written by someone who sits, drooling and staring into a computer monitor 20 hours a day, furiously beating on the keyboard to berate everyone else for watching TV. Sheesh, could you please get some help??? Or at least quit posting the same tired sh!t day after day after day???

42 posted on 04/15/2011 11:26:59 PM PDT by JustaDumbBlonde (Don't wish doom on your enemies. Plan it.)
[ Post Reply | Private Reply | To 21 | View Replies]

To: Crim

I couldn’t agree more with your last two posts. Especially “I’m more concerned as to what happens if the supply chain is interrupted.”

This is the thing that makes this a world-wide problem, and fundamentally different than say, the 1930s. Most people have no grasp over how complex and intricately woven the world economy has become. The economy of even thirty years ago was fundamentally different, smaller, less complex, and slower. A collapse here, at this point in history, and the world would be unrecognizable within weeks (or even days).


43 posted on 04/15/2011 11:28:26 PM PDT by jjsheridan5
[ Post Reply | Private Reply | To 39 | View Replies]

To: ProtectOurFreedom

“Summer of Recovery II, The Sequel”


Yep. We’re in the first of 0bama’s “Five year plans”.


44 posted on 04/15/2011 11:29:20 PM PDT by unkus
[ Post Reply | Private Reply | To 38 | View Replies]

To: jjsheridan5
Thanks for touching base with me...I consider FR to be base..

The LA riots pretty much woke me up to being able to Bug out quick for the hills if need be, and be self sufficient...

45 posted on 04/15/2011 11:37:43 PM PDT by Crim (Palin / West '12)
[ Post Reply | Private Reply | To 43 | View Replies]

To: reformedliberal
Denzel Washington in "The Book of Eli":
People had more than they needed.

We had no idea what was precious, what wasn't.

We threw away things that people would kill each other for now.


46 posted on 04/15/2011 11:38:16 PM PDT by upchuck (Think you know hardship? Wait till the dollar is no longer the world's reserve currency.)
[ Post Reply | Private Reply | To 19 | View Replies]

To: yup2394871293

I have it on the highest authority that you are wrong. That is to say, Obama himself made this declaration. Surely it is our failure as loyal citizens that we do not take it to heart.


47 posted on 04/15/2011 11:39:09 PM PDT by dr_lew
[ Post Reply | Private Reply | To 41 | View Replies]

To: JustaDumbBlonde

Heh Heh..how bad do I have it when I have the TV and Talk radio on while I surf FR...


48 posted on 04/15/2011 11:41:08 PM PDT by Crim (Palin / West '12)
[ Post Reply | Private Reply | To 42 | View Replies]

To: upchuck

Great movie...took it to home...


49 posted on 04/15/2011 11:41:54 PM PDT by Crim (Palin / West '12)
[ Post Reply | Private Reply | To 46 | View Replies]

To: Crim

Those riots were certainly an eye opener. Things could get very messy, very quickly.

All I know is that the economy is dependent on faith in the dollar, and that faith seems to be eroding.

But what really worries me is that I feel that people of character are way too small a minority in this country. Maybe the societal decay is just an illusion, but I don’t think so. I hope I am wrong, because unless we get very lucky, we are going to go through some rough patches soon.


50 posted on 04/16/2011 12:07:45 AM PDT by jjsheridan5
[ Post Reply | Private Reply | To 45 | View Replies]

To: jjsheridan5

Well as has been said...some of us better keep our wits about us or none of us will get through...

I aim to keep my wits about me....

As you do to also...

Keep your power dry...go fishing....

*smirk*


51 posted on 04/16/2011 12:12:36 AM PDT by Crim (Palin / West '12)
[ Post Reply | Private Reply | To 50 | View Replies]

To: jjsheridan5

“This is the thing that makes this a world-wide problem, and fundamentally different than say, the 1930s. Most people have no grasp over how complex and intricately woven the world economy has become. The economy of even thirty years ago was fundamentally different, smaller, less complex, and slower. A collapse here, at this point in history, and the world would be unrecognizable within weeks (or even days).”

That’s basically what was happening in 2008. The market for “commercial paper” suddenly seized (due to people figuring out just how worthless mortgages were). It freaked me out then because it would have simply shut down the US economy.

Apparently businesses operate in a different world, and actually borrow money every Friday to make payroll...then pay back that money early the next week, and so on. Just bizarre. Same for factories, they borrow money to buy raw products, and pay it back a few weeks later when they sell their finished products. They CANNOT operate without a credit spigot open. And that applies when they are flush with cash - they send that money somewhere, and then turn around and borrow to make payroll.

Go figure.


52 posted on 04/16/2011 12:12:56 AM PDT by BobL (PLEASE READ: http://www.freerepublic.com/focus/f-news/2657811/posts))
[ Post Reply | Private Reply | To 43 | View Replies]

To: RobinMasters
The Federal Reserve is creating a gigantic zit ready to pop. Obama will prick the zit and pop goes the weasel.
53 posted on 04/16/2011 1:56:51 AM PDT by Armaggedon
[ Post Reply | Private Reply | To 1 | View Replies]

To: dragnet2

“Goodnight, John-Boy”


54 posted on 04/16/2011 2:57:52 AM PDT by silverleaf (All that is necessary for evil to succeed, is that good men do nothing)
[ Post Reply | Private Reply | To 8 | View Replies]

To: television is just wrong

I read something here this morning stating that something in excess of 45% of our population is currently employed. I have no idea whether or not that figure is at all accurate. It gave me pause.


55 posted on 04/16/2011 3:19:02 AM PDT by Rearden (Deo Vindice)
[ Post Reply | Private Reply | To 16 | View Replies]

To: JustaDumbBlonde
Written by someone who sits, drooling and staring into a computer monitor 20 hours a day, furiously beating on the keyboard to berate everyone else for watching TV. Sheesh, could you please get some help??? Or at least quit posting the same tired sh!t day after day after day???

Amen Sister!

56 posted on 04/16/2011 3:54:44 AM PDT by PalmettoMason (It's easy being a menace to society when WAY OVER half the population is happy being sheep.)
[ Post Reply | Private Reply | To 42 | View Replies]

To: RobinMasters

We have been in recession since the day someone talked George Bush into the first stimulus package.


57 posted on 04/16/2011 4:53:11 AM PDT by Venturer
[ Post Reply | Private Reply | To 1 | View Replies]

To: RobinMasters
I predict many economic articles with the word “unexpected” in them in the coming months.
58 posted on 04/16/2011 5:49:06 AM PDT by TexasFreeper2009 (Obama = Carter 2.0 The Epic Fail Edition)
[ Post Reply | Private Reply | To 1 | View Replies]

To: unkus
"Recession, my azz. We’re on the verge of a catastrophe.

This guy agrees with you.

Collapse Countdown Clock: “We Have Until July” *Video*

"This is an emergency action alert. This is probably the most important one, and the easiest one in terms of being able to figure out, that I’ve ever put out before. We have until July, at the latest, to prepare for complete economic pandemonium along with all the social unrest that has been building and fomenting and is now breaking out, even though the mainstream is trying to hide it.

59 posted on 04/16/2011 7:22:46 AM PDT by blam
[ Post Reply | Private Reply | To 14 | View Replies]

To: BooBoo1000; Crim
Food, you say?

I've been reading about the coming food crisis for quite a while now.

20 Signs That A Horrific Global Food Crisis Is Coming

60 posted on 04/16/2011 7:34:19 AM PDT by blam
[ Post Reply | Private Reply | To 36 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-68 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson