Not really sure but my guess we really haven't seen the bad times yet I give it another 3 to 5 years. To many hands are trying to rule the world and many will fall. When everthing hits the fan we all will know. Make sure to keep everything close to you. People will try to take what is yours.
The old inept must perish to give way for the new and improved. . . The longer we try to protect the current system, the harder and longer is the fall. . .
You've seen nothing yet, it's going to get worse, much worse. . .
It's hard to say. However, I have proposed that we can create more jobs if people 70 and older who have a solid retirement portfolio slowly ease out of the workplace and create openings for college grads. Think about it: 1 elderly person making say $150K could immediately create 3 or 4 entry level openings for college grads or people with a high school diploma.
We have too much debt.
The economy will recover when the debt is payed back, or defaulted.
There's no other way.
Unfortunately, that would mean some "too-big-too-fail"(and very powerful) banks would have to go bankrupt.
Obama - like Bush before him - won't(or can't?) let that happen.
It might be some time. Please go back and check my answer for the 'Does anyone have any good news on the economy?' question, because it would be about the same.---Thank You.
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Uh huh. And pigs are starting to fly. I see things loosening up for the affluent. That's about it. Let it trickle down to the average joe and I'll have more of a comment.
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