wyguy Posted June 3, 2011 Group: Royal Member Followers: 1 Topic Count: 373 Topics Per Day: 0.07 Content Count: 3,331 Content Per Day: 0.59 Reputation: 71 Days Won: 10 Joined: 10/15/2008 Status: Offline Birthday: 12/24/1965 Share Posted June 3, 2011 We're on the verge of a great, great depression Wall Street is having a hard time figuring out what to do now that the U.S. economy appears to be sputtering and yields are so low, Peter Yastrow, market strategist for Yastrow Origer, told CNBC. "What we Link to comment Share on other sites More sharing options...
Leonard Posted June 3, 2011 Group: Royal Member Followers: 2 Topic Count: 115 Topics Per Day: 0.02 Content Count: 8,281 Content Per Day: 1.13 Reputation: 249 Days Won: 3 Joined: 03/03/2004 Status: Offline Birthday: 10/30/1955 Share Posted June 3, 2011 We are on the verge of far worse than that! Link to comment Share on other sites More sharing options...
wyguy Posted June 3, 2011 Group: Royal Member Followers: 1 Topic Count: 373 Topics Per Day: 0.07 Content Count: 3,331 Content Per Day: 0.59 Reputation: 71 Days Won: 10 Joined: 10/15/2008 Status: Offline Birthday: 12/24/1965 Author Share Posted June 3, 2011 We are on the verge of far worse than that! "Saved By The Bell" reunion movie? Link to comment Share on other sites More sharing options...
Guest Butero Posted June 3, 2011 Share Posted June 3, 2011 I can only see one glimmer of hope. If Congress were to put in place a concrete plan to reduce spending and to balance the budget, it would increase confidence among investors, and we would see a rebound. Since that appears unlikely, my expectations are for things to get much worse than they were during the great depression. I don't think this nation has ever experienced anything close to what we will face in days to come? We really need to pray, because we have officials that refuse to lead. They are more concerned with winning elections and coming up with political spin than they are trying to fix the problems we face. Link to comment Share on other sites More sharing options...
SavedByGrace1981 Posted June 3, 2011 Group: Royal Member Followers: 6 Topic Count: 104 Topics Per Day: 0.02 Content Count: 2,923 Content Per Day: 0.61 Reputation: 462 Days Won: 2 Joined: 04/02/2011 Status: Offline Birthday: 03/22/1953 Share Posted June 3, 2011 We are on the verge of far worse than that! "Saved By The Bell" reunion movie? Blessings! -Ed Link to comment Share on other sites More sharing options...
SavedByGrace1981 Posted June 3, 2011 Group: Royal Member Followers: 6 Topic Count: 104 Topics Per Day: 0.02 Content Count: 2,923 Content Per Day: 0.61 Reputation: 462 Days Won: 2 Joined: 04/02/2011 Status: Offline Birthday: 03/22/1953 Share Posted June 3, 2011 I can only see one glimmer of hope. If Congress were to put in place a concrete plan to reduce spending and to balance the budget, it would increase confidence among investors, and we would see a rebound. Since that appears unlikely, my expectations are for things to get much worse than they were during the great depression. I don't think this nation has ever experienced anything close to what we will face in days to come? We really need to pray, because we have officials that refuse to lead. They are more concerned with winning elections and coming up with political spin than they are trying to fix the problems we face. I don't really expect Congress to do much. We had a watershed election last November, and people had some hope. Sadly, since then we've seen even modest proposals shot down and their proponents demonized. In my opinion, we have reached "critical mass" - i.e. more people on some kind of government assistance than there are in the private sector. Since people won't vote to "cut" their own benefits, the only option left is for government spending to continue to increase until it hits a brick wall. That "brick wall" is going to be a hard one, indeed. Blessings! -Ed Link to comment Share on other sites More sharing options...
Botanist Posted June 3, 2011 Group: Members Followers: 1 Topic Count: 2 Topics Per Day: 0.00 Content Count: 53 Content Per Day: 0.01 Reputation: 8 Days Won: 1 Joined: 02/01/2011 Status: Offline Birthday: 03/21/1977 Share Posted June 3, 2011 Everything the Aristocracy stated as their ways and means plan to create a new world has and is unfolding on the world stage according to plan. There have been far worse moments in history the people have endured then overcome and life went on much the same as before, just in a differant mode. The heart of the King is in the hand of the Lord, and nothing transpires that God does not allow or ordain. Rest assured in the providance of God. Link to comment Share on other sites More sharing options...
MorningGlory Posted June 3, 2011 Group: Royal Member Followers: 0 Topic Count: 1,022 Topics Per Day: 0.16 Content Count: 39,193 Content Per Day: 6.11 Reputation: 9,977 Days Won: 78 Joined: 10/01/2006 Status: Offline Share Posted June 3, 2011 Everything the Aristocracy stated as their ways and means plan to create a new world has and is unfolding on the world stage according to plan. There have been far worse moments in history the people have endured then overcome and life went on much the same as before, just in a differant mode. The heart of the King is in the hand of the Lord, and nothing transpires that God does not allow or ordain. Rest assured in the providance of God. Link to comment Share on other sites More sharing options...
Fez Posted June 3, 2011 Group: Royal Member Followers: 3 Topic Count: 683 Topics Per Day: 0.12 Content Count: 11,128 Content Per Day: 2.00 Reputation: 1,352 Days Won: 54 Joined: 02/03/2009 Status: Offline Birthday: 12/07/1952 Share Posted June 3, 2011 Go back and look at some of my older comments on the subject. Be very, very careful. Buy gold and hide your money under your bed. Investing right now is dangerous. Link to comment Share on other sites More sharing options...
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