Predictions Please!! When will the economy collapse?

Question

Looking for your guesstemations on when the economy will collapse?

If you can please show your sources, also how are you preparing.

Answer 1

When will...???? It is already collapsing. It will take sometime for most financial analysts to admit. They are all trying to make it sound rosy for the sake of their own wallet. Listen to Warren Buffet. He said that about 6 months ago that the recession in the US would be longer and deeper than anybody would imagine. He is short of saying that there will be another economic depression. He is the only person in the US I listen to.

Answer 2

The first response is correct. I don't think the economy will collapse, things might get pretty ugly but the economy will be doing better in time.

Answer 3

not in my lifetime.

the economy is not going to collapse, things might well turn nasty, but trade isn't going to suddenly cease entirely.