Biggest Risk for the U.S. Economy in 2012

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[maddies1]

RON PAUL

[CurtHowland]

Inflation is not growth.

Govt spending is not productivity.

[davehutchinson67]

@davehutchinson67 And God Bless  You.

[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.

[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]

@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.

[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.

[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).

[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.

[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.

[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