Question:

Does anyone else get the feeling the wheels are coming off of our economy?

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Does anyone else get the feeling the wheels are coming off of our economy?

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8 ANSWERS


  1. How long do you suppose you can keep the wheels on an economy based on selling each other bad paper and burning fossil fuels at an insanely unsustainable rate?


  2. RKO is correct---have heard  the ex-comptroller interviewed on several occassions and it seems that he should be the one to know of the fiscal conditions of our Nation.----Just today ECB raised interests rates--one-quarter percent to fight inflation. The central banks of the world do not agree with each other on monetary policy---which bodes ill for the world as all nations are running for cover and trying to protect their own------The U.S. must have a bust or lowering of the living standard to wring out the ills now showing up since the creation of the FED in 1913---has been predicted for a long while and is just now arriving

  3. Nope, we are merely going through some major changes in the world.  Some will rise to untold heights of new wealth and others will sink and die.  Change is the only sure thing in history.  Adapt and overcome or go away.

  4. ...and skidding off the road into  a tree.

    With oil & commodities so high, an inept congress, and greedy corporations & governments, the average person is going to feel like its 1932.

  5. GAO Director David Walker has been traveling around the country for years warning that the United States is on the verge of bankruptcy. But no one wants to listen to his "Fiscal Wake up Tour". Citizens want to keep the champagne flowing and enjoying the orchestra while the Titanic sinks. Cowardly politicians are afraid to tell people the truth. I predict this country will see its WORST economic depression in U.S. history in October, 2009. Banks will fail; stock markets will crash; tens of millions of people will be out of work.  -RKO-  07/03/08

  6. June was the worst month on Wall Street since the Great Depression.

    http://money.cnn.com/2008/07/02/markets/...

    Can we impeach bush now?

  7. Without the gas......no wheels are turning are they......

  8. what wheels? we are already there only the very rich are not worried , until we the people take a stand it will only continue , but what is the use ? the people only like to complain about and do nothing to stop it

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