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ItsNotGonnaBeAlright, April 4, 2010
Posted April 4, 2010
Why or why not?
If you're alive to see it, sure. If you live even longer you'll see it recover.
I will say economies as we know it. I could see a total paradigm shift happening.
of course, capitalism always fails.
No, that's communism.
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.
Is Obama a one or two term President?
I'm sure it's possible. America isn't perfect, for all the steps we take forward we're going to take a few back.
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.
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
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.