[Cid_Yama]

<i>Time for a little prognostication.</i>

Over half will either be unemployed or working only part-time in low paying jobs in the north-eastern United States.

Assistance of all forms ceases to be available as the money just runs out.

The first of the migrations takes place as people come to the realization that they will not be able to afford to heat their homes throughout the winter. Perhaps it does not come until the following spring after many freeze to death.

Southern states try to absorb the influx, but with the economy in worse shape than the Great Depression, migrants are quickly discouraged and told to move on.

The 'walking poor' become a familiar site along the nation's highways.

link

I invite everyone to dust off their crystal balls, and tell us what you see ahead.

[Pops]

Come on Cid, like on Jeopardy, in the PFTFF, ya qotta frame your question as "What are you going to do today about what you see happening in the future"

[Mettezz]

More and more people in poor countries can't afford to buy their food and starve.

The fed will admit that the economy of the U.S.A will slow down graduatly.

More and more people are talking that Opec Countries can't pump up more Oil.

Riots will come in countries Like indonesia cause they can't pay for their fuel anymore.

China and Russia will become great partners and want a divorce from Europe and U.S.A cause we are bankrupt.

Rumors of a war In Iran.

Rumors that oil will go down, when there is no reason it will.

80% of the economists still believe that oil price is a bubble cause they live in a 20$ per barrel of oil world.

They fool people that there is enough oil on the market but magically we have 2 millions barrels short.

That's my prediction.

Oh wait that already happenend?

These are my predictions for 2008

- we begin to see the effects of an die off occuring in late 2008

- the Fed will finally admit the U.S. is in a recession when actually they are in a depression

- oil will climb at the end of 2008 to 175$ per barrel of oil

- 80% of the economists will still believe that oil is a bubble, cause they still live in a 20$ per barrel of oil world

- President Bush will say they will drill more even when all drill platforms are in use.

- More airplane compagnies will go broke

- The U.S.A dollar will reach an all time low cause all the opec countries are turning to other currencies.

- Ron Paul will not get president

- Obama will get president and will be blamed for all the disasters that are coming and he has to resign.

- The neocons will have back power again and promise to lower oil prices by invading iran cause they have imaginary nukes.

- WW III will happen ironically for the same reason why WW II happenend.

Germany got isolated and boycotted cause everyone found them too powerfull and are still angry of WW I.
and wend into an ecomical collapse.

U.S.A. gets isolated and Boycotted by Russia, China and the middle east cause the U.S.A. invades Iran and are after China's oil that they bought in Iran

[swifty]

$this->bbcode_second_pass_quote('', 'A')ssistance of all forms ceases to be available as the money just runs out.

[TT]

$this->bbcode_second_pass_quote('swifty', '')$this->bbcode_second_pass_quote('', 'A')ssistance of all forms ceases to be available as the money just runs out.

[patience]

I don't expect the govt handouts to stop. They may increase for a while, but at the expense of diluting the currency. You know, the inflation tax, the only one we don't get to vote on. Therefore. I have a good excuse to spend money as fast as I get it, because to delay means that it is worth less, up until it is worthless.

Otherwise:
Banks crash by 3rd quarter, oil and food prices go up 50%, and SUV's are a complete liability. My old $1,600 VW will be worth about $5,000 and I'll ride my bike when it is feasible and safe. My house will be worth about 25% less, but will be worth more to me because I insulated it to the max, and it's paid for. My wife's govt job may be cut, but she is eligible to draw Social Security, for whatever that may be worth.

We'll see more tax rebates, or some other form of bread for the masses to keep the peace. Ford may finally go belly up, and GM sell their stockholders out via stock dilution to keep the doors open, IF they can find a sucker to buy the new stock issue. Import prices at Wally World will look like boutique prices, and gas could be pushing $6/gallon, so I'll make a lot fewer trips for anything, and spend time fixing MY stuff, instead of other people's for pay.

The general public and the talking heads on the media will come up with new fall guys for all the pain, but no good remedies.

[dunewalker]

2009:

The year of peak human population on Planet Earth...

[swifty]

TT wrote
$this->bbcode_second_pass_quote('', 'S')o now people expect that the government will support them all the time. But what if the government doesn't have money anymore. Sure there is government debt, but that cannot go on forever.

[Pops]

Sorry to move another thread from PFTF, but like I mentioned, it is for the Doing stuff, not the Talking stuff.

[sittinguy]

I see small bisiness owner holding out in denial till the END as they go out of business. For me that will be the BIG RED FLAG. Furniture stores, car dealers and others closing. If the air breaks in your car,, LIVE WITH IT, till things get better,, they never will.
More and more sheeple waking up when gas go fully over $4.

I'll still be cheering when oil goes up.

[patience]

Sittinguy,
I agree, don't spend on what you don't have to. But, I'm spending a lot on what I know I WILL need, the basic stuff of living. I expect inflation/stagflation for a while, and believe it's wise to buy necessities ahead. Possible shortages are another reason, as businesses reduce stocks, transport fails, or shops close. I could be wrong on the inflation thing, so I'm NOT buying anything that I am not certain we will use.

Yeah, the folks here are thinking hard how to deal with $4 gas now. One guy's wife stays the whole week in the town where she works, and only comes home on weekends! Owns a house there. Can't afford to commute. I'd say that is a red flag.

[vision-master]

$this->bbcode_second_pass_quote('patience', 'I') don't expect the govt handouts to stop. They may increase for a while, but at the expense of diluting the currency. You know, the inflation tax, the only one we don't get to vote on. Therefore. I have a good excuse to spend money as fast as I get it, because to delay means that it is worth less, up until it is worthless.
Otherwise:
Banks crash by 3rd quarter, oil and food prices go up 50%, and SUV's are a complete liability. My old $1,600 VW will be worth about $5,000 and I'll ride my bike when it is feasible and safe. My house will be worth about 25% less, but will be worth more to me because I insulated it to the max, and it's paid for. My wife's govt job may be cut, but she is eligible to draw Social Security, for whatever that may be worth.
We'll see more tax rebates, or some other form of bread for the masses to keep the peace. Ford may finally go belly up, and GM sell their stockholders out via stock dilution to keep the doors open, IF they can find a sucker to buy the new stock issue. Import prices at Wally World will look like boutique prices, and gas could be pushing $6/gallon, so I'll make a lot fewer trips for anything, and spend time fixing MY stuff, instead of other people's for pay.
The general public and the talking heads on the media will come up with new fall guys for all the pain, but no good remedies.

[bodigami]

December 2008: the last christmas, worldwide. A recession like never before seen will hit the whole world.

$this->bbcode_second_pass_quote('dunewalker', '2')009:

The year of peak human population on Planet Earth...

[alokin]

Population peak this year
Some quakes, not too strong (crystal ball)

US stock market crash and hyperinflation after the election.
I think they let Obama win, as said before, to blame him.

[mos6507]

$this->bbcode_second_pass_quote('alokin', 'I') think they let Obama win, as said before, to blame him.