Leading Trend Forecaster: We Are Not Entering a New Recession (We're In A Depression)

SHTF Plan ^ | 9-14-2011 | Mac Slavo

[erod]

I’ve been saying this for a year.

[SunkenCiv]

“This way to the egress — November 2012”. T-shirts, bumperstickers, coffee mugs...

Thanks blam.

[The Sons of Liberty]

All you need to do is go to where people casually hang out - bookstore, coffee shop, grocery store and look around and see the number of guys there, who would normally be at work. The 0bama Depression!

FUBO GTFO 2012!

[Venturer]

Far worse that being in a depression we have borrowed and pissed away any money that could have been wisely used to help bring us out of this depression.

On top of that idiot-boy is trying to destroy the energy we need to help pull us out.

Oh Well: We will have a clean environment outside the door of the poorhouse.

[GT Vander]

Fall back positions should be in the county, otherwise your open to the city or surbuban mob.

We have nearly a years worth of food stored in our home, AND I have the ammo and firearms to protect it and my family. It’s 50 miles to the nearest big city (100,000) and I feel that’s to close but it’ll have to do. The biggest thing is to be prepared and ready to use what ever deadly force is required to safeguard your family and what’s yours.

Overkill is underrated.

[amishman]

They’ll have to contend with us as well when the SHTF. I may not actively seek them out for punishment, but I will certainly not help them in any way if I suspect they foisted the mess upon us.

[Vaduz]

Virtually overnight, one dire employment report unraveled two years’ worth of government spin and media complicity.

More damage to ensue until the electtions.

[BfloGuy]

...the only thing that ‘recovered’ was the stock market..and that only because the printing presses never stopped via QE1,2.

Yes, and now it's in bubble territory and Bernanke has no choice but to start QE3 to try and keep it inflated (no pun intended) through the election. It's the only positive-looking economic news this administration has.

We may never see the widespread price inflation that the growth in the money supply would suggest; just like in 1929 after a decade of Fed-pumping, everything will "mysteriously" collapse.

I do not envy the next president.

[DrC]

“The phrase “Greater Depression” was coined by Doug Casey a decade or so back”

It should be named the Greatest Depression. The narcissist-in-chief might actually welcome being associated with anything having “greatest” in the label. And it certainly would be more honest (since “greater” implies there might yet be one even greater still). Hopefully, Americans have learned a bitter lesson and will never again voted into office someone as inexperienced or arrogant as Obama. If so, then we’ll never experience an economy this dismal again. It may take 16 consecutive years of Republican rule to straighten out (meaning majorities in House and Senate in addition to Oval Office), but it is not at all impossible to restore the U.S. to its former greatness. We just need Dems to stay out of the way.

[fightinJAG]

Neither Recession, nor Depression — this is the Great Oppression.

Not only economic calamity, but also a deliberate assault on our form of constitutional government, hence on our liberty.

[Oatka]

You are condemned if you try to warn people and after the fact will be condemned if you don't.

Amen. I've been warning people since NAFTA kicked in and ever since "Free Trade" was the latest/greatest buzz word. Deer-in-the-headlights or "right wing kook" response. I gave up and have assumed a bunker mentality. When others now discuss the economy I just nod and smile and make sure my stash is fresh.

Sidebar: When NAFTA was under discussion, one of my boys worked on the railroad in Monroeville, AL. He echoed my thoughts to the people there and got the same response I did. A year after NAFTA, Vanity Fair, the one industry in town, moved to Mexico. The hue and cry went up to boycott VF. My boy said "Why didn't you raise Hell when NAFTA was up for a vote?" Answer: "Whut's a NAFTA?" He too, just nods and smiles now.

[Kartographer]

PING!

[PA Engineer]

Thanks for the ping.

[BooBoo1000]

I was listening to Jim, Rogers the other night, the talking head asked him, what if Greece defaulted. Jim said” It would be the best thing that could happen. They would get rid of all of their debt, they could start over. Their money would be some of the strongest in Europe, so bring it on” Might work for the U.S. as well

[PA Engineer]

I was listening to Jim, Rogers the other night, the talking head asked him, what if Greece defaulted. Jim said” It would be the best thing that could happen. They would get rid of all of their debt, they could start over. Their money would be some of the strongest in Europe, so bring it on” Might work for the U.S. as well

I have thought about that. One problem is we need a complete change in government or we will compound the problem further. The second problem is the invested retirement assets in treasuries. These will be hard assets that will be destroyed. I believe that will be the natural end product of the current course of events.

[driftdiver]

I have thought about that. One problem is we need a complete change in government or we will compound the problem further.

I've seen people spend themselves into bankrupcty, fail to change their behavior and go right back into bankruptcy. If we don't have a change in behavior the spending will only continue.

[WVNight]

You’re absolutely right. The liberal burbers will be in a state of denial saying “....but I’m for you don’t you understand...” as the yutes carry everything out the door.