[blam]

[Erik Latranyi]

I am sick of hearing about the coming “crash”, “recession”, “depression”, etc.

Zero liability voters will continue to vote liberal.

[The Working Man]

Talk about conflicting articles and views, I just saw an article that claims 2013 will be a year will amazing employment numbers.

Glass half full, half empty kind of world. Of maybe the media is schizophrenic?

[WashingtonSource]

While I like Gerald Celente, I don’t find this latest screed convincing. But, of course, he COULD be right.

[STJPII]

I like Gerald but I’m still waiting for the crash/depression he predicted for 2012. I know the unemployment rate and inflation are higher than the government is saying but companies are making money and are flush with cash waiting to be spent.

[Bluestocking]

How can anyone doubt that the U.S. will be a significantly different, and much worse, country AFTER the Obama tax increases take effect, AFTER the costly and euthanasia-promoting ObamaCare system starts meddling in everyone’s lives; AFTER the continued printing of dollars cheapens them to Weimar proportions?

After the Bush tax cuts went into effect, the Gross Domestic Product rose by more than five percent almost immediately. So when the Bush tax cuts end after the first of next year, what will prevent the GDP from going down a similar amount? A five-percent drop will mean a Depression, with a capital D, and that will mean trouble in River City.

[The Great RJ]

Obama’s re-election assures us of at least a decade long economic depression. Better start rolling out the old WPA and CCC to give people government jobs raking leaves in the forest or painting murals on government buildings...that worked so well during the last Great Depression. I expect Obama will soon be using a cigarette holder and giving us fireside chats on the radio.

[silverleaf]

didn’t this prophet of doom lose his own gold at MF Global?

[pabianice]

Of course, the same people warned us to sell all our bonds and stocks in 2008, promising a 10-year collapse of the market. Took the market just four years to come almost all the way back. People who sold lost 2/3 of their money.

[concerned about politics]

Personally, I believe we only have until this spring - March, maybe May.
We're printing money at the rate of about 4 billion a month. We're borrowing about 4.8 billion a day. Our bonds, which are nothing but selling sweat equity on the market, i.e., slave labor, are going to be worthless unless the slaves get back to work (But they can't. No jobs. Even more jobs are going to be lost due to Obomacare and higher taxes).
We are so screwed. It's all going to crash at once. The democrats have seriously run out of other peoples money. We can't keep flushing what little money we have left down the welfare toilet, because none of it ever comes back.

Even the democrats know they've screwed up (for once), but they'll never admit it in public. They're trying to take over the Republican base (military and tax payers), so they can eventually rewrite history again and blame the Republicans for the welfare state.

[blam]

Fed Dilemma: Growth VS. Inflation

[Capt. Tom]

Celente doesn't take his own advice of taking physical possession of your gold seriously.
He left his paid for gold in the possession of MF Global.

Infowars.com -The recent bankruptcy of financial stalwart and Wall Street casino failure MF Global in the US, has claimed a new and unlikely victim. Following the company’s glorious collapse, Trends Research founder Gerald Celente had his own six figure gold investment account completely looted by chapter 11 trustees, and he is fighting to get it back.
-Tom

[St_Thomas_Aquinas]

We face a 20-50 year trough. The only question in my mind is how deep it will be. We’re past the tipping point.

[SamAdams76]

I've been hearing these doom and gloom "crash greater than the Great Depression" proclamations for years...decades in fact. I guess I've gotten kind of cynical over the years whenever I hear about the "bubble bursting" and "economic meltdown".

Here is some anecdotal evidence to the contrary. As I type this, the shopping malls all across America are absolutely slammed with shoppers. You can't even park near the place. This in spite of the fact that billions upon billions of dollars in goods are being ordered online. The past few days, I've seen large numbers of brown UPS trucks hurtling through my neighborhood, frantically delivering brown boxes from Amazon.com full of Kindles, tablets, flat screen TVs and whatnot.

Just try getting a table at a casual dining restaurant around here. Friday night, we went to Chilis, British Beer Company, Olive Garden, Outback, and even the Applebees (which I hate) and all of them were utterly slammed with an hour or more wait for a table. We went home to heat up a chicken pot pie.

Even the folks on welfare (and there are lots of them) are living high on the hog, buying shrimp, sirloin steak and geese with their food stamps and enjoying entire days of leisure in front of their big screen TVs, gameboys, Segas and what not while the remaining few of us slog off to work to pay for it all. If the economy is in trouble, I sure wish we could eliminate welfare because there sure are a lot of lazy layabouts that need a good swift kick in the butt.

Maybe the economy will still crash in 2013 but there are certainly no signs of it in the waning days of 2012.

[adorno]

Interest rates are going to start going up, and when they do the bond bubble explodes.

I don't see where the problem is.

If interest rates do go up, there will be an overabundance of money to pay for that interest. We can borrow a lot more from the Chinese and others who wish to purchase more bonds, or we can print the money in order to pay the interest.

Bond holders in this market aren't aware that, they're part of a ponzi-scheme. But, they'll be content to get their interest when the times comes to cash in, even if it's phony money. As long as people are willing to accept a diminished dollar as payment currency, then, no recession or depression. Just a devalued economy with lots of poor people living off the government, and a "working" class getting by on part time work and free stuff, and fewer rich people trying to keep their stuff.

[Jack Hydrazine]

This story could be related...

Startling Evidence That Central Banks And Wall Street Insiders Are Rapidly Preparing For Something BIG

http://www.shtfplan.com/headline-news/startling-evidence-that-central-banks-and-wall-street-insiders-are-rapidly-preparing-for-something-big_08172012

[Hotlanta Mike]

Just what Obama ordered...the Mayans may have been misguided but the Preppers certainly aren’t.

[Hotlanta Mike]

Just what Obama ordered...the Mayans may have been misguided but the Preppers certainly aren’t.

[Enough is ENOUGH]

We are all included in the “Uninformed Public”.

Start your research in the areas of central bankers, International bankers, cfr...

http://www.thirdworldtraveler.com/New_World_Order/Shadows_Of_Power_CFR.html