> gMoney wrote: > Welcome back Doomsday Gruss!!! Been awhile! > Tell me again when the US is going bankrupt...? That's my favorite one ;) >
Thanks, if feels good to be back in action! Bankrupt already happened about 3 years ago. The real impact of this will happen in about 3-4 years given no changes. The real doomsdayers will point to the inverted yield curve of today and the demographics of tomorrow to come up with the greatest depression in history. That is, they're saying: 1.) The inverted yield curve usually indicates a recession. 2.) The demographics (i.e., baby-boomers) that will hit around roughly 2010 has usually indicated a depression. 3.) America's deficit, trade deficit, and unfunded social commitments indicate no fall-back position. My opinion is that things are going to get tight and change quite a bit - especially for retired folks; but they vote and young people don't so maybe they'll get away with continuing to screw us. Either way I'd say save, save save! AS to the "reality-based community" I'd say this President left it years ago. When that happens we, as Americans, no longer have common ground to stand on. For example, the President has just insisted that, despite the fact he's been totally wrong about Iraq, he'll continue forward. How does a leader get away with that? By making up facts based on faith and selling them to his voters. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Introducing the Fusion Authority Quarterly Update. 80 pages of hard-hitting, up-to-date ColdFusion information by your peers, delivered to your door four times a year. http://www.fusionauthority.com/quarterly Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:215425 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
