When will the US economy finally Collapse?
The US economy is broke, it's a service economy that doesn't make anything for the rest of the world, in over 11.2 trillion dollars of debt, countries already trying to back out of the dollar as it's reserve currency, and is killing job growth by taxing the small business owner to the point that they have no reason to keep employing people? When will the US economy fall? Maybe when social security and medicare start having to make good on the promised 42.9 trillion dollars more in benefits to senior and disabled workers then the programs themselves will be able to pay? So when will the economy finally collapse?
- 1 decade agoFavorite Answer
It will collapse when we run out of people to borrow from
- JoanLv 44 years ago
Ah, NEWS FLASH. It already has. Just because people aren't lining up outside soup kitchens as of yet, doesn't mean they aren't on the brink of doing so. The US economy failed long ago, when the DOW jones went below 10K that was the beginning of the end. America has sold out their own people at the behest of the Jewish people who run our cabinet and our president. Obama is only a propped up puppet and a talking head for the policies that don't work and won't work in the long run. The crisis in the Middle East could have been solved decades ago, look at how we have the strongest military in the world, and we throw our weight around everywhere else, but still continue to let the Jewish people of Israel decide where our military dollars go. Just look into this and you will see the truth is painful. The real evil lies within the minds of the Jewish race. I have said it before and I will say it again, look into this elsewhere and with an open mind and you will realize it is not for no reason we are in such economic straights.
- Anonymous1 decade ago
Well, maybe you should back up a little! WE America has NO Gold in the Mint! Guess Who Does? China! 60 Million Tons - That Belong to China - Because of Obama and His Illustrious Spending Habits! Amazing to me - Is that Americans Bought the Lies and Voted this Man In Office? It is completely disheartening to me that so many still support him and the Majority want Socialism rather than Capitalism! Really Sad and Horrifying! They have NO IDEA what they Asked for! I guess We Will All See It Soon! This is just the beginning Fringes of Communism! They Have NO IDEA!
There are those of you who will Ask - Who Is She - How Would She Know? Now, I will tell you! My Core Family come from Russia! I have been to Russia Before and After the Wall came down to Visit Family! I have SEEN and HEARD the HORROR - What Communism Really IS! Go To Your Local Libraries and READ ABOUT COMMUNISM YOURSELVES! LEARN - NEVER AGREE UNTIL YOU UNDERSTAND WHAT YOU AGREEING WITH!
We Have Soldiers that do NOT want to come home to this who Are Killing Themselves! They Understand - PLEASE - I BEG OF ALL PLEASE RESEARCH IT YOURSELVES - THEN, DECIDE!
We Need Common Sense - Honesty - Accountability - True Leadership - Enforcement of Our Constitutional Laws - Term Limits for All and NO Life-Time Benefits for Any! (All Mine - Honestly)
Peace to All and God Bless! Jane.Source(s): America CAN NOT FAIL! God Bless Our Troops!
- zahidLv 71 decade ago
US economy will NEVER Collapse,
USA may go 1000 trillion dollars of debt ,
BUT USA knows the art to produce RESOURCE'S for its people by using their "FIRE POWERS",
Recently , it was commonly said by Americans that "Iraq is invaded for OIL' , and Americans were not unhappy for that idea , they were unhappy only for US body bags ,
So a ROGUE & LOOTER nation with great FIRE POWER should not fear of Collapse.Source(s): Truth is usually no sweet.
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- anonacoupLv 71 decade ago
It will only collapse if there is a drastic environmental collapse, there are too many people who need food and shelter that will not allow a collapse as long as food and other basic supplies are available. It may change, but the US economy (and society) has always been changing. Its our adaptability which has made us prosper.
- c cLv 51 decade ago
If it does your candy *** and people like you are in trouble. Country boys will survive and it will turn into survival of the fitness. Urban whites will be the First to collapse In America followed by latinos. The Rural Whites will be the last ones standing because they are the only group left in America who can produce everything they need. Urban dwellers in general will be the most effected.
- 1 decade ago
Yes if Comrade Obama's dream comes true.
Comrade Obama has a dream for a Post American World.
Comrade Barack Hussein Obama said in his book 'Audacity of Hope', “I will stand with the Muslims should the political winds shift in an ugly direction what better place for the Muslins to control our country, than in the office of the President of USA.”
A person can’t truly love America and Obama too, for to truly love one is to truly hate the other.
May God protect the American People and the Free World from the Democrat Party and Barack Hussein Obama.
- AsteriskLv 41 decade ago
As soon as Obama pushes it over the edge.
- El TecoloteLv 71 decade ago
About the time the fallout hits from President Obama's "stimulus" package.
- Anonymous1 decade ago
No matter how bad Bush left this mess, it won't collapse completely...no matter how much you may want it to.