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Reply #11: In spite of the clouds on the horizon people are going about their lives. [View All]

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Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
gordianot Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-15-08 10:25 PM
Response to Reply #8
11. In spite of the clouds on the horizon people are going about their lives.
Edited on Sat Mar-15-08 10:26 PM by gordianot
What is coming:

Increasing gas prices which is driving inflation and is threating consumer life styles.

Continued credit problems.

Monetary crisis.

Major Banks will continue to close as financial intuitions collapse.

Foreclosures are not going away, equity in property will continue to fall. Many more homeless.

There will be increasing conflict between farm production for energy and food. This has the potential to create a world wide food crisis.

Wasting American treasure and lives on wars of adventure.


When the remaining factories close, the creditors start to collect, the environment continues to turn ugly, the semi's SUV's are parked, food becomes scarce and too expensive in the Supermarket, the dollar loses value a perfect storm is coming. The terror will not be from foreign terrorists. Hard times please come no more, very few living Americans have seen the real hard times or can imagine what they may be like.

The next President will need to be a real cheerleader to restore confidence and creative in designing recovery legislation.

This time the architects of disaster need to be confronted and not allowed to continue predatory profit.
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