When do you think the inevitable depression will hit america?

Question

it appears, to me anyway, that the tumble of the dollar is the real reason for the increase in barrel oil prices. It seems to me that the america needs to start producing and stop buying so much c**p....otherwise we will be sitting in our beautiful overmortgaged homes, filled with nonsensical enemities and have beautiful cars we cant afford to drive....what on earth is the answer to this inevitable collapse?

Answer 1

Once the aliens release George Bush and congress from their debilitating mind control device. This device is ancient and uses secret alien technology. They are trying to stop the "New World Order" from taking over. Once they release their device, the politicians will collectively try to collapse the world economy.

Any Questions?

Oh yeah.. I forgot about the Fed. The fed has a secrete pact with the aliens. That is why the fed is so evil and has sabotaged our currency. Don't mind all of the nonsense you read. The fed is bad and dirty.. And right now they have increased the money supply in an effort to destroy us. All manipulation of the money supply is evil..

Answer 2

You kinda mangled your question, but it's not hopeless.

Yes, tumble of the dollar = rising oil prices

The first and only thing I know could help would be for congress to forbid the fed to manipulate the money supply and play at setting monetary policy.  Failure to do that SOON, meaning certainly before the election, negates the only possible door out of the collapse room.

This means Bush has to grab this bull by the horns, but we see nothing to make us believe that'll happen.  Then we get to the next election, with neither McCain nor Obama nor the media willing to address this scary situation, which should be the only issue on the table.  

In order for America to resume production in a meaningful fashion, we must become competitive in the global economy.  Our costs of production are now impossibly high, for many reasons which require a whole book, not here, and I don't plan to write it!

So I do see the collapse as inevitable, and so there is no disaster.  Get your family and friends together and prepare.

Answer 3

The strength of the dollar has nothing to do with oil/gas prices anywhere outside of the US.  OPEC simply controls the production of oil...back to basics the more oil that is produced the cheaper it will be and the inverse also holds true, the less oil produced creates scarcity or a shortage in economic terms, thus the price goes up...supply and demand.  The problem we are seeing here in the US is that we are gradually becoming less significant of a player when it comes to oil consumption.  We tell OPEC give it to us at a cheaper price or we'll go elsewhere...in times past they would lower the prices by means of production to cater to the US need.  Today they say p**s off if you don't want it China will take it, they aren't complaining about price because they are growing so d**n fast that they need it...let me remind you too that China does in fact have some of the cheapest gas prices in the world...isn't this where the US used to be not so long ago???  So there you have it boys and girls, it's the simple law of supply and demand being violated by an oligopoly or what other economist might refer to as a cartel, not by the presently weak dollar.

Answer 4

American's are ignorant and arrogant. It does not take a rocket scientist to see what happens when you get too big for you britches. We think we know everything, we are to busy in others peoples business and not taking care of home and we are selfish to boot. If we want to have a war on someething lets have a war on high oil prices, unemployment, teenage pregnancy, lenders that scam people out of their life savings and their homes, companies that rob  and rape the consumer and leave them with nothing.