The bailout

Chilly man wrote:

Maggot Face wrote:

Mar_hinata wrote: lol..pretty much went to waste

Not really. If credit companies collapse, people end up worse off than before.

I honestly think it’s ALL gonna collapse. Of course, I’m a card carrying member of the “Know Nothing” party.

Elaborate?

I think the USA is gonna collapse (sp?) economically and maybe a war and I think countries are gonna be taken over by the EU and the whole damn world’s goin to war.

A war is plausible,but as far as the u.s collapsing,i don’t know.
we have been through several reccesions since WWII,and in the early years of the nation,some panics lasting 6 years.

The Surfer wrote: A war is plausible,but as far as the u.s collapsing,i don’t know.
we have been through several reccesions since WWII,and in the early years of the nation,some panics lasting 6 years.

Yeah, but, we are deeper in debt than ever before. We don’t have enough gold to back up our dollars. The Euro is going to get to be the best money for trading in the world. Countries will start dumping their dollars for Euro’s and we will be flooded with dollars to trade for gold. Also, other countries (China and the Arabs foremost) bought huge amounts of government bonds, if they turn them in we can’t pay them off. Also, other countries have invested heaviloy in our businesses. If they force the issue, they will take over the USA economically.

Chilly man wrote:

The Surfer wrote: A war is plausible,but as far as the u.s collapsing,i don’t know.
we have been through several reccesions since WWII,and in the early years of the nation,some panics lasting 6 years.

Yeah, but, we are deeper in debt than ever before. We don’t have enough gold to back up our dollars. The Euro is going to get to be the best money for trading in the world. Countries will start dumping their dollars for Euro’s and we will be flooded with dollars to trade for gold. Also, other countries (China and the Arabs foremost) bought huge amounts of government bonds, if they turn them in we can’t pay them off. Also, other countries have invested heaviloy in our businesses. If they force the issue, they will take over the USA economically.

Its going to get worse before it gets better,call me a patriot(though im 100% hispanic) but i think our country can rough it out.

Chilly man wrote: I think the USA is gonna collapse (sp?) economically and maybe a war and I think countries are gonna be taken over by the EU and the whole damn world’s goin to war.

na..we already had ww1 and 2! i dont think theres going to be a 3rd

Mar_hinata wrote:

Chilly man wrote: I think the USA is gonna collapse (sp?) economically and maybe a war and I think countries are gonna be taken over by the EU and the whole damn world’s goin to war.

na..we already had ww1 and 2! i dont think theres going to be a 3rd

Actually,with Kim in charge of North korea,it isnt that far away.

hm...no point