So it appears that some individuals on this thread assume that America is going to decline and potentially collapse. They think that theres a sinister plot behind our country's current economic vows.
I think some of you guys need a history lesson. Think about how bad everything was during the depression and then we prospered. More recently, think about the Vietnam War. Our country was equally in a bad position in the late 1970s as it is today. Vietnman=Iraq... I agree that we are fighting dumb wars and are trying to police the world, but it is only a matter of time before that shit stops. People are finally waking up to the neo-conservative/imperialist agenda. I'm not saying the Democrats/Obama or war-monger/Bush-continuation McCain is going to save us, but it is still only a matter of time. History repeats itself. Be more optimistic. Look how bad everything was after Vietnam like I pointed out. The world hated us, crude oil prices sky-rocketed, dollar was weak, etc. In 1987, we even had a huge crash...one unexpected in modern times with all this FED bs system. In the 1990s, we prospered, however. Then the dot.com bubble happened, and several years later our economy was actually doing well - even under Bush.
People need to remember that the economy is cyclical. Perhaps the actions of the Fed and so forth extend and exeggerate those cycles, but in a matter of time things will be better. Look at history! You guys also need to remember that the U.S. is the only remaining super power in the world. Those "experts" that predict a rise of China and India are greatly speculating. They assume that their economies will increase at ridiculous rates (i.e. P/E of tech companies before dot.com bubble). Do you guys remember when people thought Japan was going to be so superior and the bubble burst.
Our economy sucks today, but will revive with time. Furthermore, its not just America that is suffering. The credit crunch is affecting the entire world; if America goes down, so does everyone else. America just happens to go down further. The Euro rise against the dollar is solely because the Fed has devalued the dollar. Europe's economy is not prospering.
Be more optimistic. Study history, we have overcame so many things. Look at the index since 1900. America has the best fundamentals of any country to prosper in the future. Other economies are rising because of speculation, as is crude oil. Bubble will burst or their growth will decline. The U.S. will get back on its feet. Stop predicting outrageous claims - you have no support.
I think some of you guys need a history lesson. Think about how bad everything was during the depression and then we prospered. More recently, think about the Vietnam War. Our country was equally in a bad position in the late 1970s as it is today. Vietnman=Iraq... I agree that we are fighting dumb wars and are trying to police the world, but it is only a matter of time before that shit stops. People are finally waking up to the neo-conservative/imperialist agenda. I'm not saying the Democrats/Obama or war-monger/Bush-continuation McCain is going to save us, but it is still only a matter of time. History repeats itself. Be more optimistic. Look how bad everything was after Vietnam like I pointed out. The world hated us, crude oil prices sky-rocketed, dollar was weak, etc. In 1987, we even had a huge crash...one unexpected in modern times with all this FED bs system. In the 1990s, we prospered, however. Then the dot.com bubble happened, and several years later our economy was actually doing well - even under Bush.
People need to remember that the economy is cyclical. Perhaps the actions of the Fed and so forth extend and exeggerate those cycles, but in a matter of time things will be better. Look at history! You guys also need to remember that the U.S. is the only remaining super power in the world. Those "experts" that predict a rise of China and India are greatly speculating. They assume that their economies will increase at ridiculous rates (i.e. P/E of tech companies before dot.com bubble). Do you guys remember when people thought Japan was going to be so superior and the bubble burst.
Our economy sucks today, but will revive with time. Furthermore, its not just America that is suffering. The credit crunch is affecting the entire world; if America goes down, so does everyone else. America just happens to go down further. The Euro rise against the dollar is solely because the Fed has devalued the dollar. Europe's economy is not prospering.
Be more optimistic. Study history, we have overcame so many things. Look at the index since 1900. America has the best fundamentals of any country to prosper in the future. Other economies are rising because of speculation, as is crude oil. Bubble will burst or their growth will decline. The U.S. will get back on its feet. Stop predicting outrageous claims - you have no support.
