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Overunity Machines Forum



I see an economic diasater coming...

Started by the_big_m_in_ok, September 03, 2009, 01:05:30 AM

Previous topic - Next topic

0 Members and 5 Guests are viewing this topic.

Do you think the American economy will ever improve?

Yes, definitely
Possibly, in the long run
No, it will worsen
Undecided

triffid

Pay your traffic fine in pennies and you make the news!   http://www.freerepublic.com/focus/f-news/1293988/posts


SALT LAKE CITY - A Manti man has a penny for Sanpete County's thoughts. About 8,200 of them, actually.
Grant Petersen withdrew that many copper coins from his bank and delivered them in a bucket to pay an $82 fine he got for driving with a burnt-out headlight.
Court officials are apparently not amused, and have asked Petersen to come back in and offer a more "acceptable" form of payment. They say state policy allows clerks to reject unusual forms of payment, and it's going to waste county resources for someone to count all that change.
Petersen says he doesn't plan on honoring that request. He says money is money, and U.S. law provides that coins are legal tender.

triffid

http://www.moneynews.com/StreetTalk/Massive-wealth-destruction-economy/2012/07/24/id/446424?PROMO_CODE=F8E7-1
More bad news on the way!triffid
Equally critical of the current government and our nation’s economy is real estate mogul and entrepreneur Donald Trump, who is warning that the United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.[/size]Trump doesn’t hesitate to point out America’s unhealthy dependence on China. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others.”It is this massive debt that worries Trump the most. “We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished,” Trump says, referring to President Barack Obama. “When you have [debt] in the $21-$22 trillion [range], you are talking about a [credit] downgrade no matter how you cut it.”In a recent appearance, Trump went to so far as to say the dollar is “going to hell.”Where Trump, Faber, and Schiff see rising debt, a falling dollar, and a plunging stock market, investment adviser and author Robert Wiedemer sees much more widespread economic destruction.In a recent interview to talk about his New York Times best-seller Aftershock, Wiedemer says, “The data is clear, 50 percent unemployment, a 90 percent stock market drop, and 100 percent annual inflation… starting in 2013.”

Read more: Economist Caution: Prepare For 'Massive Wealth Destruction'

triffid

http://larouchepac.com/home?n=23615&l=28



The Curiosity of Man
3 hours 8 min ago
The recent, successful landing of the Mars Rover, Curiosity, on the surface of Mars, spells doom for the likes of President Obama, and anyone else who promotes an anti-science, anti-human policy.

Qwert

(B. S.)!!! President Obama is against the science? It's out of context. Or you just dropped yourself from another planet... and don't know reality. I know LaRouche and I admire him, but I don't agree with this statement.