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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:15 PM Original message |
Does anyone think America will go broke in the next 8 years? |
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liberalmuse (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:17 PM Response to Original message |
1. We're broke now. |
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quakerboy (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:26 PM Response to Reply #1 |
59. yup |
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ayeshahaqqiqa (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:18 PM Response to Original message |
2. Very few people able to retire |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:33 PM Response to Reply #2 |
7. I retired five years ago, think of how I feel. |
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elleng (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:18 PM Response to Original message |
3. America IS broke. |
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indepat (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:36 PM Response to Reply #3 |
9. Money can always be printed: it's just a question of whether it will take almost |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:48 PM Response to Reply #9 |
15. No, you miss some chapters of how money is printed |
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indepat (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:46 AM Response to Reply #15 |
45. No doubt my 401(k) would be much healthier had I learned the basics of economics |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:20 PM Response to Original message |
4. The only issue I'd raise would be mall vs. Internet. I understand the energy savings part, but I'm |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:37 PM Response to Reply #4 |
11. Run your computer for 24/7/265 and you use less than |
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WinkyDink (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:43 PM Response to Reply #11 |
13. I live in an area where I not only do what you suggest; I'm positive the local merchants are aware. |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:58 PM Response to Reply #13 |
39. So you are prerfect? and your merchants don't need drivers to |
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GodlessBiker (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:25 PM Response to Original message |
5. Might the US stop paying interest on T-bills or whatever? |
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Warren Stupidity (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:34 PM Response to Reply #5 |
8. We actually can't do that. |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:39 PM Response to Reply #8 |
12. Very wise, INFLATION is the ONLY way out. |
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jody (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:25 PM Response to Original message |
6. Depends on what you mean by broke. The one percent who own 50+% of our financial wealth, control |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:54 PM Response to Reply #6 |
17. Right on one point, but ...You fail to get the point, you are looking at today's reality, and not |
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jody (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:59 PM Response to Reply #17 |
19. IMO the one per-centers use the power of our government to protect and expand their world wide |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:47 PM Response to Reply #19 |
34. I agree with your analysis, but........it is |
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jody (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:53 PM Response to Reply #34 |
35. Competition and conflict throughout history has been between powerful special interest groups. In |
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Uben (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:37 PM Response to Original message |
10. Absolutely, positively, no! |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:55 PM Response to Reply #10 |
18. O OK n/t insightful? |
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TheBigotBasher (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 07:28 AM Response to Reply #10 |
53. RAther like the banks the US Economy |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:47 PM Response to Original message |
14. 8 years? |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:02 PM Response to Reply #14 |
21. Oh man, we have enough engines and momentum |
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leftofthedial (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 10:33 PM Response to Reply #21 |
42. most people don't have land or knowledge to grow food |
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cali (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 06:36 AM Response to Reply #21 |
48. quite prepared |
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gravity (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:52 PM Response to Original message |
16. We elected the good guy this time |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:04 PM Response to Reply #16 |
22. Is there a rational argument to go with your logic? |
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gravity (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:08 PM Response to Reply #22 |
23. You can solve these problems |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:42 PM Response to Reply #23 |
31. OK so you have no problems with my |
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gravity (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 09:18 PM Response to Reply #31 |
40. The situation isn't that dire |
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terrya (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 07:59 PM Response to Original message |
20. The national debt is, what, $10 trillion now? |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:20 PM Response to Reply #20 |
25. GDP is 30 Trillion......EVEN IF |
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BumRushDaShow (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 12:22 PM Response to Reply #25 |
56. GDP is NOT $30 trillion. It is $14.42 trillion. |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:18 PM Response to Original message |
24. Nope. We're not broke, and we're not going broke. |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:28 PM Response to Reply #24 |
27. Opinion? Facts? Links? |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:44 PM Response to Reply #27 |
32. The US isn't broke, & won't go broke. But don't let that stop your Chicken Little dance. |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:21 PM Response to Original message |
26. Japan's gone to 140% of GDP in national debt and they still function. |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:32 PM Response to Reply #26 |
28. A very well informed poster! O l like those a lot more than others |
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Zynx (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 11:31 PM Response to Reply #28 |
43. I was a little lazy with links. If people start really harping on Obama I can show |
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Davis_X_Machina (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:36 PM Response to Reply #26 |
29. WWII saw our go to 120% of GDP. |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:40 PM Response to Reply #29 |
30. Great point, but...There's something called "the industrial revolution" you left out of |
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RollWithIt (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:45 PM Response to Original message |
33. It's not possible under the current system for the US to go bankrupt.... |
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Ozma (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:57 PM Response to Reply #33 |
37. NO, you are misinformed about printing money, but you are right |
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RollWithIt (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 09:27 PM Response to Reply #37 |
41. I was giving a general answer and you jumped all over me... lol... the next 3-9 yrs? |
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Puglover (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 07:09 AM Response to Reply #37 |
49. You keep asking folks to post links. |
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Name removed (0 posts) Send PM | Profile | Ignore | Sat Nov-29-08 07:09 AM Response to Reply #37 |
50. Deleted message |
CK_John (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:55 PM Response to Original message |
36. At the level of nations, money is just a concept. Look at Somalia, no government but... |
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cliffordu (1000+ posts) Send PM | Profile | Ignore | Fri Nov-28-08 08:58 PM Response to Original message |
38. yep. We're toast right now. |
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windbreeze (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 01:04 AM Response to Original message |
44. Sadly, I believe we are already broke... |
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TK421 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 03:57 AM Response to Original message |
46. Given everything I have seen, heard...are we not broke now? |
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Hippo_Tron (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 05:33 AM Response to Original message |
47. Where do you get the idea that the rest of the world is going to run out of money to loan us? |
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Waiting For Everyman (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 07:13 AM Response to Original message |
51. Our Treasury creates money for the Federal Reserve to lend to banks at 0% |
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tomreedtoon (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 07:22 AM Response to Original message |
52. Daily drive-by shootings on your street. |
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rasputin1952 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 08:39 AM Response to Original message |
54. $11 trillion in debt,,,what do you consider broke? I think we're already |
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TexasObserver (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 01:48 PM Response to Reply #54 |
58. We are not broke, we are strained. |
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rasputin1952 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 04:56 PM Response to Reply #58 |
60. There are merits to your view...but we must pay down the amt we owe... |
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Sex Pistol (257 posts) Send PM | Profile | Ignore | Sat Nov-29-08 11:59 AM Response to Original message |
55. I am sure that there are many who do, but I don't. |
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tabbycat31 (1000+ posts) Send PM | Profile | Ignore | Sat Nov-29-08 01:35 PM Response to Original message |
57. we are broke |
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