On a scale of 1-10 how bad is our current situation?

I'm a bit biased on the housing issue since the appraisal I ordered came in today and I'm well pissed off about the numbers so I vote 7.5. If a democrat wins office make it a 9.
 
Quote from Digs:

USA banks on TAF welfare
Housing sick
un employment up
Talk of Govt to bail out house market by Pimco
Dollar sinking to all time lows
Inflation up


Easy : 8

In two years it could be a 10


Can I add few things to your list?

1/ Sky is falling
2/Titanic is sinking while the band plays on Creedence Clear water Revival
3/Real estate will never come back
4/Its all over now
5/ We are done
5/ Economy is tail spinning in a recession.
6/ I am entitled to everything which I donot deserve.
7/ I need a knight in shining armor coming to my emotional rescue
 
Quote from MrDODGE:

1 would be a great booming economy
10 would be absolute disaster


I rate our current situation a 5.


how about a 3 ... 10 is the complete dissolution of currency and government regimes. you guys all seriously need some perspective.
 
Quote from Avid_Consumer:

the future?

Which may not be as bad as some think. We have been thru recessions before.

Interesting that so many candidates running for office paint such a bleak picture of the economy yet they are able to raise money by the boatload.
 
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