Edgetho
Platinum Member
- Mar 27, 2012
- 15,878
- 7,120
Best case scenario is a depression, I fear a hyperinflationary spiral is what's in store for us now though. Obama and his cronies have looted this country for all it's worth and brainless fools like RW cheer him on.
I see a stagflation scenario except in currency. At least back when the 2nd worst president in history was screwing things up, we could put our money in CDs and get 14% interest.
Now, inflation is tearing us up and there's nowhere to put your money except in the Markets. The Fed is artificially holding rates down, so the Banks are putting their extra cash in the Stock Markets which buoys the Markets but doesn't allow for the common, every day working man to get any short term gain on his money.
I see a continuation of the way things are. Slow to no job growth. Housing, cars, durable goods going up and up and up, the Stock Market stagnating and -- Just slow death.
Nothing really remarkable. Just another socialist Country dying of its own stupidity.
And those who don't realize that inflation is hitting us HARD?
You're idiots and aren't worth the time it would take to call you idiots