Given our current monetary situation and money management in the US. How long before our economy implodes?

Answer 1

About...2-3 months ago. Seriously.

Answer 2

the economy will never implode, we will always have super-rich people to keep the GDP numbers inflated.

Dont worry if it does implode, it will all be great, Hooverville was if nothing a place with a great sense of community. Eventually you'll come out, 10-20 years older or so, with no assets and horrible credit, and probably not much usable work experience or current skill sets.

You gotta think of the greater good, i.e. not you, think of all the government and upper class people you will be saving from poverty.

Answer 3

And right that's what we would desire to be asserting. We ought to return to no longer ordinary funds. we've suffered by using basically approximately of century of plunder by using politicians and bankers. it's time to flow back to gold and silver. Paper fiat funds continuously inflates until eventually that's ultimately repudiated. this occurs after the human beings have been robbed. there is not any longer something incorrect with a unified financial gadget - see you later as that's in keeping with no longer ordinary distant places funds. A century in the past, the great international replaced into utilising gold and silver. Then, after 5 thousand years, unexpectedly the "economists" have been telling us that we mandatory an "elastic" distant places funds to dodge the develop and bust cycle. properly, we had the super Depressions of the Nineteen Thirties, the runaway inflation of of the Nineteen Seventies, and extra average stealing in between. we've a dollar it relatively is well worth 2 cents of the dollar basically before the corporation of the Federal Reserve.

Answer 4

The error in your thinking is that you are looking at adverse information and forgetting that everyone else is too. All the actors are trying to do the best for themselves and so the worst case shouldn't happen because it isn't in anyone's interest for it to happen.

The monetary situation isn't that bad. It is certainly manageable, but we are looking at what economists call "market failure." A market failure will continue until either inflation increases home prices or until sellers drop prices to market clearing levels. This means we are in for a rocky six months to a year, but it should work out.

Answer 5

A very very very long time? Why do you ask?
Everyhting is going pretty good as far as I'm concerned. Great life great country, lot's of confidence in our economy.
You aren't still listening to the liberals are you? They always seem to see the worst in things.

Answer 6

Every generation goes this, they think they are the only ones that has ever had to deal with a weak economy. Guess what? We recover!

Answer 7

It sure isn't looking good, is it? Jeez, when ebay is willing to give you $50 finder's fee for bringing in more people you really gotta worry.

Answer 8

it won't it' finally going back up!
but people shopping helps!