As per the arbiter of U.S. recessions (National bureau of economic Research), US has gone through 10 recessions in last 66 years. 2007 recession was the recent one which lasted for 17 months.  Still US economy has yet to return to their original position.  The other day I was reading a blog on http://economicoutlook2015.com its shares some futuristic facts about U.S. economy.

Love how they mention recovery, as if it's somewhere in the realm of reality, when in fact, a third of the Nations workforce is unemployed.
The real truth is, we're in a depression existing on Fiat money. In other words, life support.

Quote from: Solar on October 27, 2014, 07:45:26 AM
Love how they mention recovery, as if it's somewhere in the realm of reality, when in fact, a third of the Nations workforce is unemployed.
The real truth is, we're in a depression existing on Fiat money. In other words, life support.

It doesn't help when you have an oppressive government discouraging businesses from even starting up. 

Hey,
I somewhere belief that our economy is fading after referring http://www.profitconfidential.com/. The doom gloom warnings of market crash is increasing. And it seems 1929 crash is returning when i read an article of Mr. Levi and guess what he the grandson of that person who had predicted 1929 crash. Like seriously this prediction can be true i fear it somewhere...

Quote from: sensualblighter on November 03, 2014, 01:21:35 AM
Hey,
I somewhere belief that our economy is fading after referring http://www.profitconfidential.com/. The doom gloom warnings of market crash is increasing. And it seems 1929 crash is returning when i read an article of Mr. Levi and guess what he the grandson of that person who had predicted 1929 crash. Like seriously this prediction can be true i fear it somewhere...

As long as the rest of the world allows the lie of a fluid dollar being solid and kept afloat by the fanciful promise a future unknown generation will be willing to pay it back, the lie will continue. (Think, Sins of my Father
At least this is the lie under the Marxist administration (QE Infinity). But the moment a future POTUS tries to slow Govt propping up of the dollar, the world will most likely see this as the true bellwether and diverse itself of dollar backed investments.

We're already there. If not for the lie of FIAT money keeping the prevarication alive, only to make it worse and irreparable when it finally does collapse, which is all by design by the Marxist in the WH, that is to drive our final nail in the coffin of capitalism and American culture.

What better way to do it, than to drive up our debt beyond recovery? And he already has.

Hey,
That's true though... Let's see what is upcoming...!!!

Quote from: sensualblighter on November 03, 2014, 11:01:32 PM
Hey,
That's true though... Let's see what is upcoming...!!!

The greatest political tight-wire walk ever achieved?
The next leader either continues down the assured path of destruction, hoping to hand off the ball to the next sucker, or be a true Conservative and end it all.

The tight wire act will be one of political brilliance, assuming it can be pulled off. He'll have to convince everyone involved in the Ponzi scheme, to stay in the game, because to leave is a guaranteed loss of all of their investment, but to stay, will assure them that they have a chance of recovering some of their loss.

I'm not sure it's possible.

Quote from: Solar on November 04, 2014, 05:39:15 AM
The greatest political tight-wire walk ever achieved?
The next leader either continues down the assured path of destruction, hoping to hand off the ball to the next sucker, or be a true Conservative and end it all.

The tight wire act will be one of political brilliance, assuming it can be pulled off. He'll have to convince everyone involved in the Ponzi scheme, to stay in the game, because to leave is a guaranteed loss of all of their investment, but to stay, will assure them that they have a chance of recovering some of their loss.

I'm not sure it's possible.

Ponzi scheme.. What is that all about? And next leader surely will give a nice output... don't be negative on that... !!!

Quote from: sensualblighter on November 04, 2014, 10:54:04 PM
Ponzi scheme.. What is that all about?

Seriously, you don't know what a Ponzi scheme is? Look it up and tell me our govt isn't doing the very same thing.

QuoteAnd next leader surely will give a nice output... don't be negative on that... !!!

What is that supposed to mean?