Hard Times Ahead. Second Great Depression right on doorstep.

Hard Times Ahead. Second Great Depression right on doorstep.
Look at these pictures. http://ziza.es/2007/07/23/La_vida_de_vagabundos_americanos_42_fotos.html I got them from http://www.depression2.tv/d2/ There are increasing numbers of economic losers, people who in society are unable to cope in a deteriorating market and are getting kicked out onto the street. With less jobs available these people miss out and have to fend for themselves. It is estimated that this depression will start in 2007 and end in 2020. http://www.financialsense.com/Experts/2006/Brussee.html that is the book called the second great depression, there is an interview of the author at the link. Yes it is important, you need to be prepared, also be prepared so you can help others. You will also need a bible and pray because this is going to get bad. Even if you are not Christian, you will pray, like when someone points a gun at your head, most people automaticlly drop down on their knees and being praying to Jesus to help them. Even people in previous secure jobs have been layed off and are begging in the streets.

People must understand that you can not build wealth by using credit, it will lead you to be on the streets.

Also I just noticed this, but this girl may be Satantic. If you look at both of her hands, it appears she is deliberately making the 666 sign with her fingers. Good Christians are good at spotting these things.

Photo to left: Most people recognize the Satanic hand sign which John Lennon is making at the bottom right (representing the goat's head; but, few people realize that the "ok" sign which Paul McCartney is making at the bottom left is also very Satanic. The "ok" sign is actually three 6's, each of the three vertical fingers forming an individual 6. Satan is everywhere, be careful.

haha You crack me up dude.

ATA wrote: Photo to left: Most people recognize the Satanic hand sign which John Lennon is making at the bottom right (representing the goat's head; but, few people realize that the "ok" sign which Paul McCartney is making at the bottom left is also very Satanic. The "ok" sign is actually three 6's, each of the three vertical fingers forming an individual 6. The OK sign means OK - (Right on) It means Satanic to you because you are obsessed about these things - Thats why you never think before you talk and always make a fool of yourself. !

Re: Hard Times Ahead. Second Great Depression right on doors
the link. Yes it is important, you need to be prepared, also be prepared so you can help others. You will also need a bible and pray because this is going to get bad. How bad? When exactly. You need to say exactly when and how, or this advice is useless. 2007-2020 as estimate? There will always be bad times around the corner, everyone knows this. Unless you can say exactly when and how it occurs, this is just like unreliable Alex prediction. Do you believe this is start of end times? Then you must say exactly when end of the world is. If it is next week, and it doesn't happen, you have to throw away whatever it is you used to calculate that.

Not the end of the world, just the beginning of alot of credit problems that will cause the second great depression. It will be similar to the 1930's.

Like Kame said, when exactly will the "beginning of alot of credit problems" causing the depression occur? If you can't say, why did you even bring it up? Also I just noticed this, but this girl may be Satantic. If you look at both of her hands You plan on calling the Jesus police on her?

I know that I wont be effected by any depression cause I already dont have much of anything to lose. The only thing of materialistic value I have is my amazing computer. And the only other thing I have of value is my cat.. I love him so much. Hes such a good hunter, hes killed over 15 mice this week and about 6 birds. Hes killed two yellow finches and we keep telling him not to kill the yellow finches cause there too rare to be killed.. but anywho.. Yeah I dont have enouph to lose to be put into any kind of depression mostly because Im already in a mild form of it. ( not in mind though, im alwas happy because nothing keeps me down. It can always be worse, and the worse it gets means the easier it is to make it better! ) Also.. ATA1... seriously theres a line between suspicion and obsession. The OK sign is just that, the OK sign. Ya know, bushes full name is 18 letters and if you spell it in old english its 6 by 6 by 6. So does that mean that every christian who voted for him worships satan? ( voting for bush is still wrong though.. and can you believe people are trying to impeach him? Its a little late for that now retarts!.. besides if he gets impeached all we get is cheney and hes worse than bush! )

Not the end of the world, just the beginning of alot of credit problems that will cause the second great depression. It will be similar to the 1930's. This sounds like you are saying something but really this is not much information. When you say beginning of credit problems, this can apply to any time in history, because there were always some kind of credit problems. When you say second great depression, that could mean anything. There are always dips in economy, sometimes big ones. Basically if there is any kind of economic problem between now and 100 years from now, you can claim you were correct, and trace it back to now. If you want to make a prediction you need to be very specific, so we can see clearly if you are right or wrong. Otherwise, what you are saying is like, "sometime in the future, there is going to be a storm." No one would rely on such a weatherman! Here -- I will make a prediciotn: within 1 month there will be some kind of major disruption in the stock market. What does major disruption mean? I don't say, so it could be anything and I will be right.

Nah this will be much more than a dip. All the consumers in the USA are over their eyeballs in debt, alot of the debt money they spent on consumption via home equity withdrawals, now that homeprices have fallen, they have no more equity and the banks now want their money back because they do not have the equity to back their debts. In the past the banks could foreclose on them and sell their property and get their money back, now if they sell the banks will lose money. So the banks will not loan to consumers anymore and 70% of the US economey is retail and consumption, this is going to take a nose dive, After 911 the US consumer was already in too much debt but the fed made it cheap so people could buy goods on credit to boost the economey, no it is all over and for the next 15 years the US people will have to work and just pay off debt which will destroy over half of the US economey. I also predict that house prices will 1/2 in price from where they are now. The bible says the borrower will become the slave to the lender.

http://www.depression2.tv/d2/ Thats a good site to give you information on this beginning depression because it has already started. Now that the easy money in home mortgages is all but over, consumers may soon be caught in a financial squeeze with their credit cards. That's the worry among some economists and credit counselors as home lending has shifted abruptly into low gear this summer. That leaves homeowners owing big sums to Visa or MasterCard without an important escape hatch -- the ability to pay down the plastic by dashing off a check from their home equity line of credit or rolling the debt into a new, bigger mortgage. "You're not going to be able to get that mortgage loan. You'll be stuck with the higher interest credit card debt," warns Carl Steidtmann, chief economist with Deloitte Research. "We will have to live within our means. I know it's a troubling phenomenon. But we're not going to be able to spend at levels well above our income levels." We hear it every day: "What about the Fed?" The vast majority of investors and commentators seem confident that the Fed's machinations make a stock market collapse impossible. Every hour or so one can read or hear another comment along these lines: "the Fed will provide liquidity," "the Fed is injecting money into the system," "the Fed will be forced to bail out homeowners, homebuilders, mortgage companies and banks," "the Fed has no choice but to inflate," "the government cannot allow deflation," "the Fed will print money to stave off deflation" and any number of like statements. None of them is true. The Fed is not forced to do anything; the Fed has not been injecting money; the Fed does have choices; the government does not control deflationary forces; and the Fed will not print money unless and until it changes its long-standing policies and decides to destroy itself. NEW YORK, Aug 21 (Reuters) - A confluence of negative factors struck a blow to the confidence of American consumers in the latest week, with a weekly survey registering its biggest decline ever. The ABC News/Washington Post Consumer Comfort Index tanked to -20 in the latest week from -11 in the previous period. It was the first time the index fell 9 points in a week since it was launched in 1985.

Nah this will be much more than a dip. How much more, and when? There was recently a trader who bet somewhere from half a billion to a billion dollars that European stock market will fall 30% by Sept. 10. If that person is right, he will gain many billions; if he is wrong, he is out almost half a billion dollars. That guy is basically making a specific statement, and will be punished economically if he is wrong. "much more than a dip" is not very specific, and you will not be directly punished if you are wrong, so why should we reward you if you are right, especially since you make it very difficult to say exactly what is "much more than a dip"? on credit to boost the economey, no it is all over and for the next 15 years the US people will have to work and just pay off debt which will destroy over half of the US economey. I also predict that house prices will 1/2 in price from where they are now. Now these two statements are more specific, but you leave out many important details. "next 15 years, people have to work and just pay off debt" -- this seems specific, but really it isn't. Already many people are working just to pay off debt, so what you have to say is how many MORE people will have to work and pay off debt. "house prices will 1/2 in price" -- this seems solid, but you have to say when and where. Some places, houses are already 1/2 in price from say, 10 years ago. You have to say something like, "on average, US house prices will be 50% within 1 year, accounting for inflation" If I keep saying over and over, that there will be a financial crisis around the corner, eventually I will be right, but that doesn't mean I made a good prediction. Just like if Alex keeps saying there will one day be conflict between US and China or China and Taiwan, he will be eventually be right, but that is not a skilled prophecy.

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