Quote:
Originally Posted by Lykos
Lol,offcourse it's not gonna collapse..not now...not in next 50 yrs minimal  |
oh really? well here's some sobering shit for you-
1)Dont get caught holding u.s. dollars when default arrives.
Forbes analyst from last saturday-
http://news.yahoo.com/dont-caught-ho...191153227.html
one excerpt-
"Even now, Americans are turning to their credit cards to pay for groceries and gas. According to First Data Corp., the volume of gasoline purchases put on credit cards jumped 39% over the last 12 months." 39 percent.
2)inflation is here, and more is coming this year-
again Forbes-
http://news.yahoo.com/whole-foods-ma...125226726.html
Not trying to be a messenger of doom, but these are alarming statements being made now by what many would consider to be financial experts.
A year ago i would have said the same as you, but things are looking grim.