The future of the United States includes...

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Quote from aegis:

They think that way because they have been brainwashed, likely by college professors.

I'm 25 and attended a public university. Some of these professors spew some really asinine shit and these kids just eat it up. I let most of it go in one ear and out the other. I wrote papers that appealed to my professors so that I can get my degree and get the fuck out, even though I didn't share their opinions. I plan to expatriate after I finish my masters degree.

As misguided as they are, they did get one thing right. The future of their generation (and mine) has been mortgaged by baby boomers. The only way out is to leave. The best of times are behind us.
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You are 100% right. But leave to go where? Even now there are places that are in deaper shit (not just economically) than the U.S.
 
Quote from Scataphagos:

You have a very big stake in all of this, and it's not looking good for your generation.

Rather than being apathetic, perhaps you all should protest loudly...
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Will never happen (unless the situation gets super bad). The 1982-2000 bull market made this gen think that recessions simply mean that their parents cannot buy them another iPod!
 
Quote from Mom0/pH0x:

your money should be hidden, also, you can inform them that you have renounced your citizenship and are thus under no obligation to pay them...
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As a first time offender, you'll probably get a Federal BOP "Camp"... and do "easy time", or so I've read.:D
 
It's so rare to hear people who actually get it! Maybe I'm hanging out with the wrong people!


Quote from the1:

Boy, if that ain't a simplistic yet <b>effective</b> way of putting it.
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July 11, 2009

SouthAmerica: Today, the economic reality in the United States is a lot worse than most Americans have realized, because even the economic data designed to measure the US economy’s performance has become nothing more than sad misinformation to picture a better system than the reality and a bunch of Fairy Tales – unemployment info, GDP info, and so on…things are so bad that today the US government does not even know if there are 12 or 20 million illegal immigrants living inside the US.

I noticed that there are a number of younger members participating on the discussion on this thread and some are using some US government info to make their point. This younger generation should also read the thread about the real US GDP, since when we consider all the Wall Street and Banking bailouts that has been going on since 2008 – the trillions of dollars that the US government has been wasting with these people in direct bailouts, and also in all kinds of US government guarantees – in essence these actions are bankrupting the future of the country.

When we consider everything that has been going on based in a more realistic estimate for current US GDP of around $ 10 trillion dollars then a new picture emerge of a nation over extended financially way beyond its capability of repaying its massive accumulated government debts – and for all practical purposes the United States is heading for defaulting on its debt and bankruptcy.

The US economy and the real GDP
http://www.elitetrader.com/vb/showthread.php?s=&threadid=126048

…after you adjust this fairy tale figure the real GDP of the US economy might be on the range of US$ 9 to US$ 10 trillion – the difference between these figures are all the meaningless adjustments that they make to inflate the GDP figures calculated by the US Government to show a better performance and a larger economy than the reality.

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