Question:

What is going to cause us to go back into an economic depression?

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What is going to cause us to go back into an economic depression?

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  1. "What is going to cause us to go back into an economic depression?"

    better Q if asked "What is causing economic collapse?", but...

    The causes are already in motion.  The cause is deficit spending resulting in national debt beyond any possibility of correction now.

    The debt is the result of unpaid bills for...

    ... war, socialist schemes, subsidies, Fed tinkering with the money supply, etc etc ad nauseum.

    Everyone has come to want their own hand in the till, our elected politicians who will pass anything which will get them reelected, even if they can't pay for it.  The moral foundation of freedom, rights and responsibility has been replaced by "the public good", "brother's keeper" and "for each according to his ability..."

    Politicians should go fight their own wars and be held responsible for the economic disaster they have created.


  2. I think we are already there, consider the following:

    Job loss

    Weak value of the dollar

    Oil/gas prices

    Food prices and shortages

    These are all contributing factors.

  3. Our inadequacy, ignorance and indifference. The government made lots of mistakes and will continue to follow their agenda, while the majority of us sit and wait for them (gov) to come up with a solution. I guess democracy only works when people stand up for it.

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