Economic collapse? Is it ever going to happen?

very strange things in the world with this econimy are we going to crash or recover?

Category:

News & Politics

Tags:

• economic
• collapse
• dollar
• crash
• bankrupt
• homesteadacres

[PestControl02]

we're collapsing right now.. one job at a time, one foreclosure at a time..

sad, really.

thanks for your posts! you guys are great!

[MainTightSqueeze]

Everyone's looking for some massive event to let them know the collapse started. Well, the truth is we started to see the collapse two or three years ago when the massive credit bubble started to deflate. So really we shouldn't be waiting anymore, we should be preparing.

[BADDOOKUS]

There is an old Bugs Bunny cartoon where Bugs and another character are stranded in an old shack and have run out of food except for one bean. I will never forget the part where Bugs is cutting thin slices from the one last bean for himself and his friend.. I first saw this cartoon when I was a kid and for some reason current events in the US and around the world keep bringing it back to mind.

[oragami76]

america= rome under nero

[dave777blaster]

Canadians number 33 million and sit on top of 60 Quadrillion worth of Resources

Do not look for too much of a collapse in Canada.

On the other Hand in the UK and in USA they have no chance not to avoid

a very severe future.

both are over populated have little resources and are not going to see a good

out come.

[oc5nsli341nforce4]

Today its MC. mansions while tomorrow it will be wallmarts and big box stores. After it will be 40 and 50 story office buildings then towns and cities.

[folly4444]

the dollar parity between U.S.$ & cad $ is a sign that Americans arent spending nearly as much as "they'd" like, & not believing "their" lies as much as they'd like to see you. they're telling canadians that they should buy houses in the U.S. now.  it's also a good way to get us onto a new amalgamated currency.

[folly4444]

i dont believe in rsp's... that reality doesnt exsist for me. i'm not afraid of the future. the future is based on your perceptions of the NOW.

[Lepiratepoulpe]

u r so right about people cold and not talking about essencial stuff.I myself feel like an alien when i look around me in montreal.

They are all drones ...Mindless drones !!

[chuckweb66]

Hey HomesteadAcres.

I have a question for you.

Have you ever thought about going off the grid?

Making your own energy using solar or wind to power your home and farm?

That would be yet another step to be prepared for an economic crash.

Just an idea. Would love to see a video response.

Keep up the good work.

[buddcinder]

Ontario's economy is mainly based in the auto industry. When they the big three were hit hard Ontario was bound to take a bigger hit than other provinces. On the east coast we have always been have not provinces so this recession didn't affect us much.(smaller booms= smaller crashes.

[Speaksforthetrees]

Dewd the crash was sept 08-march 09 , logicaly from there the only way for everything was up .

The bailout money ,and printing suggested inflationary pressures . I bought oil at 52,58,64,70,72 ,77,plus short term high low trades ,and gold from 913 .

These kind of crashes only come round every 5-7 years ,be sure not to miss the next one ;-).