Doctavian
Rookie
- Nov 18, 2012
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A Total Collapse Of The American Economy*
Do you think that there will be one ? And if so, ho long do you think that it will be until the collapse occurs.
* For a definition of a "Total Economic Collapse" lets use David Weidemer's** parameters. Which are: A stock market who's value is 10% of it's value at the start of the current year, an unemployment rate of 50% and a 80% decrease in the buying power of the dollar.
** David Weidemer is the economist who (unlike most every other economist) predicted most every aspect of the current "Great Recession." And he made his predictions, during the height of the soaring "housing based" economy. Weidmer authored the book "After Shock" about the Great Recession prior to it's occurring.
Sincerely,
Doctavian
Do you think that there will be one ? And if so, ho long do you think that it will be until the collapse occurs.
* For a definition of a "Total Economic Collapse" lets use David Weidemer's** parameters. Which are: A stock market who's value is 10% of it's value at the start of the current year, an unemployment rate of 50% and a 80% decrease in the buying power of the dollar.
** David Weidemer is the economist who (unlike most every other economist) predicted most every aspect of the current "Great Recession." And he made his predictions, during the height of the soaring "housing based" economy. Weidmer authored the book "After Shock" about the Great Recession prior to it's occurring.
Sincerely,
Doctavian