Quote:
Originally Posted by digitaldivas
@ Demon, give me a timeframe in your opinion, that this will happen?
Do you think this year will be worse than 2009?
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Yea, it will definitely be worse. I thought the economy would collapse this year but the FED and the Obama Administration have done everything to spin reality and keep the stock market up. We haven't even begun to hit rock bottom in the subprime market. No new jobs are being created and the deficit spending continues, while consumer spending isn't keeping up at all, it's not even close. I'd say 2011 the way the FED keeps bullshitting people. Maybe 2012, but I think definitely 2011 because people are slowly starting to understand that the FED is full of shit. I can't tell who's dumber; Krugman, Bernanke, or Greenspan. They're all morons of a different kind..
Unemployment lol, it's only going to increase. People aren't hiring. The only jobs are coming in the form of government expansion in Washington, which is already a bad sign. Those aren't even real jobs, they're temporary jobs created by a temporary health bill and temporary stimulus programs.