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Will the economy fail in your lifetime?

Will the economy fail in your lifetime?   29 votes

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

    • yes
      14
    • no
      7
    • pie
      8

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39 posts in this topic

Posted

Why or why not?

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Posted

yes

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Posted

If you're alive to see it, sure. If you live even longer you'll see it recover.

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Posted

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

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Posted

of course, capitalism always fails.

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Posted

No, that's communism.

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Posted

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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Posted

Is Obama a one or two term President?

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Posted

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.

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Posted

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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Posted

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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Posted

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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