economy






 

Question by  elsewhen (627)

Do you think we are about to enter another Great Depression?

its probably a little too early to tell, but do you have a sense about this?

 
+10

Answer by  shego (255)

The probability of another great depression is 100%. Bush has run this country into the ground with the farce he calls 'the war on terror.' In a few years the United States will be just another third world country. Then again, so will all the rest of the countries of the world.

Reply by elsewhen (627):
sorry, but i don't trust the opinion of anyone that has 100% certainty about the economy. if you have such good predictive powers, you should invest in stocks, and you should be able to make prodigious quantities of money.  add a comment
posted by Anonymous
Bush haters like you were born the day Bush beat Al Gore and never let up since. The intelligence for Iraq came from practically every source in the world and even a large number of American Democrats. Imagine what would have happened if Bush had not attacked Iraq.  add a comment
posted by Anonymous
Have you ever seen the National Geographic program on Saddam Hussein? If so, you would never bitch about "Bush's War" again. Warning, the program is very graphic and disturbing. Thank God Hussein and his sons are gone.  add a comment
posted by Anonymous
The war on terror is a farce? You must be one of Rosie O'Donnell's fans.  add a comment
posted by Anonymous
Actually, both the war on drugs and the war on terror are technically unwinnable because they have no clear enemy. While terrorists definitely need to be stopped, engaging in a war on terror is exactly what they wanted- we are acknowledging our fear of them.  add a comment
posted by Anonymous
And as far as the intelligence for Iraq goes...wasn't it mostly wrong? Doesn't that make every source in the world and even a large number of American Democrats just plain wrong? If we had not attacked Iraq...maybe there would still be billions in the bank.  add a comment
Reply by wwgt (7):
Do I sense a case of Bush derangement syndrome?
well dont worry friend uncle oboomba has a health care plan for that  add a comment
 
+8

Answer by  captaincreditcrunch (15)

Clearly, because people, institutions, and governments have lived beyond their means for so long they can't repay their debts. Strawberry pickers bought $800,000 homes, banks bought their own securities garbage based on these strawberry pickers, and governments thought the tax revenues and access to credit wouldn't end.

 
+7

Answer by  JYas (68)

I think because we participate in a global economy, it would be difficult for another Great Depression to occur. I think we will experience a slowdown in growth and prosperity, but I believe the world economy will recover, considering China and its vast financial resources will be a leader in world economic growth.

 
+4

Answer by  mrscr (6)

It sure seems that way. Jobs are being lost everywhere. The government is bailing out autocompanies and banks when its the average american that needs help. If citizens don't have money to spend companies cant manufacture and jobs are lost anyway. We Better learn to live simply!

 
+4

Answer by  HawaiianGirl (6906)

Yes i do believe we are coming close to entering another great depression. It seems like the economy is doing so poorly right now. For me, it seems like we are already in a depression. Lots of people are becoming unemployed, gas prices are on the rise, and the stocks are dropping by the day.

 
+3

Answer by  Lynore (191)

I think we are about to enter into a global depression. Stock up, food, water, protection.

 
+1

Answer by  Anonymous

no, but the far left lunatics like Nancy Pelosi want you to think so so they can get billions of dollars for their pet projects like the study of dental flossing.

posted by Anonymous
Well, the far right lunatics just want to bomb the tar out of everyone who doesn't look like us...at least one way to spend money is peaceful.  add a comment
 
+0

Answer by  wwgt (7)

Probably not , due to the fact that the stock markets have limits on what can be sold on any given day

 
+0

Answer by  Lynore (191)

Why is it that Republicans can never admit that Bush and Cheney ruined this country in 8 years? I voted for Obama, but I can tell you I am not at all happy with what he's doing, or not doing.

 
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