Poll: the coming economic signs: Recession, Depression, Stagflation, Boom

[SoonerPride]

Wither are we headed?

And how soon?

[ixion]

1. we're already in stagflation, so depression here we come

IMO

[lumberjack_jeff]

8. Exactly.

The economy isn't growing, yet inflation is.

Of course inflation is growing mostly because the dollar is dropping.

[f the letter]

2. It's hard to imagine how we can avoid something serious

With the way our economy and war spending is going...

[SoonerPride]

3. And then the Democratic president gets blamed for the malaise

...............just like Carter?

I still think the 70s economic hard times were the result the Vietnam war.

And the latter part of this decade will mirror that or the 30s.

[old guy]

5. This is where I am at also.

Everything possible is being done to push this as far down the road as they can, then blame the next administration if it is Democratic. The key then will be the reaction of the media and whether or not the people fall for it.

[SoonerPride]

6. Of course the people will fall for it. They're stupid.

Sorry, but I have no faith that the people won't blame Obama for the coming economic collapse.

It's like watching a juggler stuggling to keep the balls in the air until Jan 2009, then they move to Dubai and say F.U America.

[El Pinko]

10. But in the 70s we still had a manufacturing base and middle-class jobs...

...those are gone now, so instead of a domestic-driven recovery, we're totally expecting foreign investors to pump capital into our economy. Why should they anymore, when we're so profligate?

[onethatcares]

4. we're already experiencing recession and stagflation

there's only one way to go. Lucky me, I just changed jobs and got out of construction and into a maintenance position for a condo company. The pay isn't as good but if you don't have work, there's no pay.

[guitar man]

7. I'm afraid

that if something isn't done soon, and I mean more than a little tax advance check, that we will drop off into an actual depression.We cannot keep up this pace of creating debt and not paying it back indefinetly. The bubble is going to burst :(

Hi there, fellow Oklahoman :hi:

[El Pinko]

9. Stagflation/hyperinflation and 15% unemployment

Bernanke has already made his intention to completely debase the dollar abundantly clear, add in the fact that foreign investors who once fueld our housing boom are now speculating on commodities instead, and you've got a lovely dose of hyperinflation.

[SoonerPride]

11. ouch

Scary

[MasonJar]

12. When the consumer keeps the economy going, why these yoyos

think sending jobs abroad and cutting job benefits promotes consumer sales is beyond me.

[ThomWV]

13. Stagflation: No pay increases, decreased employment, 12%+ Inflation