[2ndDivisionVet]

Obama, his party and the RINOs were saved by fracking, I suppose.

[Fungi]

Like everything else, give it some time. The writing is on the wall, and you are not a prophet, as is no one else. But look at the wall.

[jetson]

It will happen if Ebola goes hot.

[Pox]

It is inevitable if we continue on our current course, and that is a fact. The time line is not specific, but the path we are on is unsustainable.

It would not surprise me to see a major War start, perhaps even a “World War”, all due to the economic policies we are seeing at this time, but perhaps that's just my own personal opinion.

[grania]

If shortages begin to happen in any essential sectors, prices will shoot up and leave large segments of the population unable to keep up. Anything that is unexpected could cause the gov’s ability to manipulate things to fall apart....disease, panic, violence, terrorism, extreme weather, it could be anything. The government is out of tricks

[blam]

Most people agree that 'something' is going to happen...they won't say when though. The guy in the link below explains why, how and when...he says the 'jig' is up this year. Watch the video:

Harvey Organ- By December Whole Thing Going to Collapse

[Nailbiter]

If dems lose big time in November, watch the fun begin.

[Arthur McGowan]

Ann Barnhardt’s explanation:

http://youtu.be/7bA_NbYSaGM

[Cen-Tejas]

.........my dad was born in 1913 and that year is the year the chart below STARTS with one dollar being worth one dollar.

As you can see, you now need $23.27 to buy in 2012 what one dollar would buy in 1913.

Since Obama was elected the dollar has lost 28% of it’s value (circa 2008). So, the real number is higher than $23.27.

If your income is not matching this decline, then just plain old “living” (absolute necessities) becomes increasingly difficult. On a bumper sticker, the treadmill you are on is going backwards not forward.

How long can this go on? I think the honest answer is that no one knows because we are in uncharted territory.

What are the consequences? We need only remember soup lines in the so called Great Depression, Detroit today, many municipal bankruptcies NOW, our smallest military in 65 years and so on and so on to see that there are, eventually, severe consequences for fiscal insanity as practiced by big spenders e.g. Democrats and Republican E’s.

Amount it took to
equal $1 in 1913

1913 $1.00
1920 2.02
1925 1.77
1930 1.69
1935 1.38
1940 1.41
1945 $1.82
1950 2.43
1955 2.71
1960 2.99
1965 3.18
1970 3.92
1975 $5.43
1980 8.32
1985 10.87
1990 13.20
1995 15.39
2000 17.39
2001 $17.89
2002 18.17
2003 18.59
2004 19.08
2005 19.73
2006 20.18
2007 20.94
2008 21.57
2012 23.27

Read more: The Shrinking Value of the Dollar | Infoplease.com http://www.infoplease.com/ipa/A0001519.html#ixzz3Gf1KkhQV

[Hostage]

The financial markets are propped up by Quantitative Easing (QE) Policy.

Pressures to end QE come from financial entities that actially make loans. There’s not much money to be made on a 2 or 3 percent loan. Loans are not being made as much as needed because the margins are too low. So properties sit empty.

New construction is very intense in certain cities because construction loans are practically free money. Construction companies can declare bankruptcy once they have their money. That is happening now as there is not much of a consumer market to buy the new construction so new homes are going to sit unoccupied or occupied by those receiving a subsidy from government (low income group) or become REO as banks will hold them rather than make low interest loans to consumers.

The lower tier local banks want QE to end; the upper tier (JP Morgan Chase, Bank of America, Wells Fargo etc. and investment banks) want QE to continue as it allows them to purchase government bonds at a profitable spread. Free money and free cashflow is their charm.

The result of QE is enormous debt for the United States, This debt can be duscharged via the Federal Reserve deciding to ‘delete it’. This would be a controlled bankruptcy for the USA but it won’t be reported that way,

Since most of the propping up is happening among agencies within the USA, it is a local affair mainly.

Other currencies? Who wants them? No other society has an economic model that is so attractive that their currency is in extreme demand. In other words there’s no good reason to dump US Dollars. Those that have find out what they traded it for was not so wonderful. America is a fortunate beneficiary that the global economy is in trouble. There are not so many greater alternatives.

Gold isn’t where it’s at. It’s just a yellow metal that’s a hassle to guard and provide security for.

It’s a race to the bottom.

But it can’t go on forever.

For areas that are experiencing building booms with no consumers to support them, we will see very low occupancy rates. Rents go skyhigh so we will see socialists call for rent controls. But rent control policies are very destructive.

Eventually voters will swing the pendulum away from democrats and their socialist talk. Voters who voted for all the socialism will sit home in a funk. Let’s hope a person like Ted Cruz can get into office and turn the economic engines on and steer the country where people can feel it moving to growth. That’s what happened under Ronald Reagan.

So we as Americans may avoid a predicted collapse because we are just damned lucky.

The collapse will come when the pressure to end QE becomes overwhelming. Ironically that will occur as a push for a better economy gets stronger. We note that if QE goes bye-bye, then the federal debt service obligation goes out of control. If QE stays, the economy will continue to sputter, backfire, and feel sickly...and the natives get restless.

There are several positive and optimistic scenarios of how to escape this current ‘malaise’ but will save that for later.

[Dallas59]

Temp jobs, no permanent work, low wages for high skilled jobs, 50 million out of work....

[free_life]

The only secure thing is trust God, all else is corrupt.

[SaxxonWoods]

The collapse has been happening for about 7 years and has about 10 years to go. It will not respond much to the machinations of man, only time can help.

So far it’s been fairly mild compared to the possibilities. We probably have a rougher period in our future before things start to get much better, around 2022-2025.

[Rockingham]

Warnings of economic collapse are rooted in fear rather than in facts and reasoned analysis. Contrary to what many suppose, the Federal Reserve System and US Treasury have done a fairly good job of stabilizing the economy and preventing a severe downturn like the Great Depression.

Indeed, due to fracking and the weaknesses of other economies, the US dollar is likely to remain surprisingly strong for years to come. In addition, several innovations offer the prospect of cheap power through small hot fusion energy, with cold fusion devices also under development. If such devices are developed and widely deployed, the resulting wave of cheap energy would generate new wealth across the globe while diminishing the capacity of Russia and Mid East oil producers to make trouble.

[arderkrag]

It’s fearmongering. If they predict it every year (and they have!) It will eventually be right. Broken clock syndrome.

[Popman]

We are already in a collapse....it is a slow motion one....

The pillars of our culture, society are rotting from within...

We will collapse and not even know it until the very end....

Rarely do city states collapse into one giant heap....in a short period of time, that happens when natural disaster hit them..

We are simply flushing ourselves down the drain a drop at a time....

[ballplayer]

As soon as the Fed stops with the zero interest rates,stops printing Billions of dollars of funny money every month,then look out,you will notice

[Macoozie]

Popman above is so right. We are in the collapse right now. 20% unemployment 100 million not working 50 million on food stamps.

There will be no soup lines. We have EBT.
If the QE stops, all hell will break loose.
Go to any geographic area where Gub'mint and Gub'mint funded union members live. Things look rather rosey.

Go to other places, except fracking zones and a few high tech spots, and you will witness the slow collapse of a civilization.

[SamAdams76]

Nut jobs have been yapping about the coming “collapse” since I was a little boy.

[palmer]

The collapse is ongoing:

Women caught up quickly under Reagan and men also did well. Under Clinton we had a bubble economy. It appeared ok due to the dot com boom and related stock market bubble. But women were now forced to enter the workforce instead of volunteering for it. The economy deteriorated under Bush with the housing bubble and growth of government. You can't sustain an economy on remodelling kitchens in overpriced houses. Under Obama we have collapsed. Under Obola we will complete the collapse. The market will still be propped up, so don't look at that. Look at the graph above.