Something Really Bad Is Going To Happen To The Economy

We are in the middle of a deep, dark recession, and it won’t end soon. Here it is, and it is pretty nasty,” said Barry Ritholtz, who writes the popular financial blog The Big Picture and is CEO of research firm FusionIQ.

This is one of hardest news stories I have read in a while. We are on the brink of something really bad happening to our economy, and what scares me the most is that the average person doesn’t seem to be noticing the financial changes that are taking place.

The lines at Starbucks are longer then ever where I live, and people are still tuning out what’s going on in the world. When this thing crashes, it’s going to be chaos.

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4 Responses to Something Really Bad Is Going To Happen To The Economy

  1. barney rubble says:

    What do you think is GOING to happen that hasn’t already? YOU are behind the curve as are we all friend, Bush and Cheney are defining what the word “highjacking” is all about. Since 2000 they’ve succeeded on all fronts except our Social Security fund, but then that’s controlled by the Treasury and with Paulson there, it’s no longer safe. After all, what are we going to do? File a lawsuit against a bankrupt government? While Bush is packing-up his fresh laundry, he’ll be leaving the dirty stuff behind….remember the “king’s clothes?” They’ll fetch big coupon-money on EBay!

  2. Nic says:

    I think we are headed towards absolute collapse of our dollar followed by hyper inflation.

    People think things are bad now, wait until a gallon of milk is $9, and a loaf of bread is $6.

    Serouusly, what are people going to do if gas hits $15 a gallon! are they going to wake up then?

  3. Ric says:

    Oh don’t worry Obama will soon be your leader!

    He is going to save you by taxing them big bad rich people and their companys

    Then he will give you some of their money

  4. Tom says:

    What is coming is “New”, looking to the past will not enlighten you. This massive economy is on a down hill slide, like a run-away freight train coming down the mountain. Our government is not big enough, is not strong enough to stop it. The economic debacle — Tsunami is going to hit in a very few months, which will result in a huge amount of homeless, starvation, an explosion of crime, marshal law, a mountain of evictions, foreclosures, bankruptcies, chaos, and suicides. Our economy is going to slam to a stop. Followed by the North American Union, and the Amero. Our problems are going to be unbelieveable Horrible and last a very long time.

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