Biggest Risk for the U.S. Economy in 2012

[JohnnyUltra305]

There is no consumption because there are tight lending pratices now. Those who are in debt now have to save and pay down existing debt and can not assume more debt to consume more. Ther is little room for growth. The Feds printing of currrency devalues our davings and retirement and will force older workers to work a few more years tehn they planned. Deflating housing and wages in a inflationary enviroment will lead to a deep prolonged recession( 5- 10 years).

[imjsutthatguy]

Is it me or the more and more I see US dollars being printed in these economics reports the more and more they start to seem like monopoly money??

[yoyuepz]

@imjsutthatguy yeah but the thing with monopoly is you need to buy property and then hotels........ buy gold and silver and then hedge on it when it goes up :)

[imjsutthatguy]

@yoyuepz Ahhh yes trusty gold and silver i already placed half of my investable assets into that luckily. BUT i also got the other half in $'s and the way I have things set up with my family i cant get rid of them cause of their blind faith in the $. You see the $ to the Dong(viet dollar) is actually rising. Right now its up to 21000 dong per $ and that is all they see and they think its strength in the $ and not the weakness in the Dong. Vietnam citizens are one of the largest...cont

[yoyuepz]

@imjsutthatguy Well keep buying more of it then.. look at history and you shall see all paper went to 0. However Gold and Silver never been to 0.

[imjsutthatguy]

@yoyuepz investers in the $. They truly believe the $ will never fall. Therefor the dilemma since i also have no economic advice to go by since all the people here are blindly invested in the $. You should have seen their faces when I suggested going to the Yuan. I wouldn't mind hearing your ideas on that one if any. Sounds crazy right but i truly believe in the short term that would be a good gamble since the yuan is artificially devalued and that's gotta end sooner or later.

[yoyuepz]

@imjsutthatguy Well many people believe the US because they are the superpower, the greek were also a superpower and the romans, the british and the anicent chinese... however all gone. It is pointless to explain to people about the USD because they believe the media, I believe what I have to do and also my family. I think the problem in cn is the value of property, its a bubble and its going to burst.

[gojo345]

War with Iran in October Then we reelect obama in November.

[TWSceptic]

The US is so going down in 2012 I'm 100% convinced of it. The dollar is done, buy silver & gold now you still have the chance!

[davehutchinson67]

@TWSceptic silver and gold won't buy you food.  I have news for you...when people are starving..you are gonna buy yourself the most expensive ham sandwich you ever had. Better to learn hydroponics, aquaponics, vermaponics..learn to grow food.

[TWSceptic]

@davehutchinson67 Yes but I do not live in the city, we have a yard we can take care of ourself don't worry. But If you only have food and not money (=not paper but REAL money) you will be just as screwed. Life is more than food, that's only a small part of costs.

[davehutchinson67]

@TWSceptic I respect your opinion..and I think we both are of the same mind pretty much...My only argument would be this. Gold and Silver are a FINITE resource. Eventually...even if you are the richest man...will run out. Food can be replenished..and believe you me..food will be traded for other goods in the future.

[davehutchinson67]

@davehutchinson67 And God Bless You.

[AzaelVI]

Biggest risk to the US economy......the US Government. Namely Obama. Yes Bush did damage too, but dont forget there was a Democrate controled Congress two years before the crash. Funny how Berry seems to forget that EVERYTIME he blams Bush.

[chadberry75]

there not, BLAMING iran..4 this 2..

[DarkFrostX5]

Ron Paul 2012!

[drrage1]

RonPaul and we are guaranteed no mo BullShit!

Alot of hardwork but for sure no mo BullShit!

[novicemilk]

The Fed is printing money on purpose! It's an evil ploy to make the coming collapse in 2012 even bigger. Why can't Americans see the Fed is fucking you in the ass until the blood comes out.

[TechHost]

@solojam *2016

[sdfkjllshadflhadfshl]

Interest rates. A 5% bond rate would bankrupt us.

[pretorious700]

@sdfkjllshadflhadfshl US is already bankrupt.

[mrzack888]

Peter shit head's been saying dollar dead forever. I see dollar index going up to 90. it's impossible to have hyperinflation with how the monetary system is set up now.

[pretorious700]

@mrzack888 nonsense

[mrzack888]

@pretorious700 we will see about that, only time can tell.

[chadberry75]

@mrzack888 and u are?

[mrzack888]

@chadberry75 correct? have u seen how far the gold/silver fallen lately? dollar index of 80 yesterday.

[army2k08]

I'm going with a Bank of America bankruptcy and subsequent taxpayer bailout.

[CurtHowland]

Inflation is not growth.

Govt spending is not productivity.

[army2k08]

@CurtHowland I don't think productivity is the goal...Corporations are already productive, this is why it makes sense not to hire.

[CurtHowland]

@army2k08 The realm of human wants is infinite. Systematic unemployment requires something system wide to stop people from finding work. Minimum wage laws are a good example.

What I said was, "Govt spending is not productivity". Everything govt spends it must first take, through taxation or inflation, from someone who is actually productive. Govt spending is at best zero-sum, and usually negative-sum.

[secretarul]

stuff for television !

[Mongodelight]

the federal reserve knows what its doing. fight deflationcollapse by inflation. so stocks, real estate, ressources everything gets smashed + inflation kills the currency. except money gold and silver.

[maddies1]

RON PAUL

[davehutchinson67]

@maddies1 I hate to say it..but his campaign is over. And I am more convinced than EVER before...that the need to have a location removed...with the ability to grow your own food and be self sustaining is more important than ever before. All that and my Mossberg 500 too.

[EliteURBX]

Total jewish takeover

[dd00hli]

Jim Rogers talking the truth.

[goldcurrent1]

...would be re electing Obama.

[shanxutube]

@goldcurrent1 Wow never thought in those lines! well said :) !! The guy is a disaster !!!

[moviematcanada]

@goldcurrent1

You are so right Obama is the biggest risk to the US in 2012 and beyond!

Ron Paul 2012

[arka67]

@moviematcanada not just Obama ... Gingrich , Romney too !!

[YoDudeRock]

@goldcurrent1 Just vote for Ron Paul and you don't have to worry about that. Ron Paul for the win!