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ItsNotGonnaBeAlright

Will the economy fail in your lifetime?

Will the economy fail in your lifetime?  

29 members have voted

  1. 1. Will the economy fail in your lifetime?

    • yes
      14
    • no
      7
    • pie
      8


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I will say economies as we know it. I could see a total paradigm shift happening.

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Why? Check and balances man...checks and balances. The Govt spends WAY more then it gets. It's only getting worse because our "leaders" think we're worth nothing more than human cash machines.

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of course, capitalism always fails.

capitalism always fails when it is hijacked by the corrupt. but then again, the very essence of capitalism could influence such actions inevitably due to the nature of man, in turn always leading to its destruction.

if thats the case, i guess we're just screwed no matter what then haha.

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oh yea, the economy will fail...i give it approximately 3 months from now, things are going to become horrific............. ................................PSYCHE! ;)

i'd say more like, within the decade :D

.

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Why or why not?

Define failure. Was the great depression a failure, or a major dip? Is failure meaning complete collapse of a nation's economy to the point where that nation no longer exist as a economic entity. IF thats what you mean, then historically speaking, there have been very few total economic failures. So the odds of it happening in my lifetime are extremely slim unless there are external factors such as a major war with nukes being used.

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capitalism always fails when it is hijacked by the corrupt.

capitalism is designed from the ground up for the very purpose of giving power to the corrupt.

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capitalism is designed from the ground up for the very purpose of giving power to the corrupt.

in that case, all forms of government should be considered corrupt and would inevitably end in failure.

thinking about converting to a straight up anarchist haha

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