Friday, August 12, 2011

double dip depression or recession

Folks, the SCHIFF has hit the fan even. Peter Schiff predict a double dip depression or recession. He believes we are going to get a lethal dose of stimulus from our gov. People, we see government spending as pure poison. Hey, we are on the wrong path mon. This is going to CRASH our economy. Look for things to get worse. Sadly, it will be worse than our economic recession.

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Wednesday, June 30, 2010

another depression

Paul Krugman says we will have a third depression and we are not out of our recession. It seems like in 1930's we will be poor. Yeah, and very soon. I was seeing a 50's time travel movie. Funny, there were lots of jobs back then and few now. If only we could go back to simpler times without all our woes.

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Friday, August 28, 2009

The Greater Depression

Old House on the Prairie photo

OK my prediction is not a severe recession, or even a mild depression, but a greater depression where systems will come crashing down like a house of cards. The last depression of the 1930's lasted years and had an unemployment rate of over 20%. It was so bad that farmers did not have enough money to plant crops. Sadly, people starved and our gov as usual played a blame game.

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