US Economy Will Never Recover!

US Economy Will Never Recover!

Posted in the China Forum

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ECONOMIC BLACKHOLE

Brooklyn, NY

#1 Aug 20, 2012
Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Most people seem to think that the nasty little recession that we have just been through is almost over and that we will be experiencing another time of economic growth and prosperity very shortly. But this time around that is not the case. The reality is that we are being sucked into an economic black hole from which the U.S. economy will never recover.
RayH

Guangzhou, China

#2 Aug 20, 2012
Just look at Japan in the past 20 years.
whut

Mckinleyville, CA

#4 Dec 28, 2012
The resources that made our country rich before are nearly depleted. We cant sustain a prolonged recovery beyound the recovery myths the media propogates. We are headed into a time where most people wont be able to find steady employment. It will be the aristocrats and the serfs like in days of old.
lct

Beijing, China

#5 Dec 28, 2012
RayH wrote:
Just look at Japan in the past 20 years.


usa will be much worse. next year there will be $ 1.2 trillion spending cuts.
lct

Beijing, China

#6 Dec 28, 2012
and very high inflation on food.
AZN

Toronto, Canada

#7 Dec 29, 2012
whut wrote:
The resources that made our country rich before are nearly depleted. We cant sustain a prolonged recovery beyound the recovery myths the media propogates. We are headed into a time where most people wont be able to find steady employment. It will be the aristocrats and the serfs like in days of old.
Specially when the aristocrats running the show don't give a shit.
Look at the complacent attitude of the US Congress towards tackling the fiscal cliff.

Add a generally ""don't give a damn about tomorrow"" public and you have a recipe for total diaster.
RESISTANCE IS FUTILE

Kitimat, Canada

#8 Dec 29, 2012
well the USA does have a saving grace....

Shale Oil and Shale Gas...

only problem is China is known to have a larger Shale Gas deposits and estimated larger Shale Oil deposits....

meaning if we know the history of what China has done in its industries then we know what they will do in the Shale Oil/Gas industries
AZN

Toronto, Canada

#9 Dec 29, 2012
RESISTANCE IS FUTILE wrote:
well the USA does have a saving grace....
Shale Oil and Shale Gas...
only problem is China is known to have a larger Shale Gas deposits and estimated larger Shale Oil deposits....
meaning if we know the history of what China has done in its industries then we know what they will do in the Shale Oil/Gas industries
What good would american shale oil do for america when it all becomes private asset to every Dick Cheney, Prescott Bush etc.?

The US govt. doesn't control any national asset. As the US govt. is itself owned by the coporate barons.
RESISTANCE IS FUTILE

Kitimat, Canada

#10 Dec 29, 2012
AZN wrote:
<quoted text>What good would american shale oil do for america when it all becomes private asset to every Dick Cheney, Prescott Bush etc.?
The US govt. doesn't control any national asset. As the US govt. is itself owned by the coporate barons.
dint say they were going to use the assets wisely or for the benefit of the people

or anyone under the "1 percenters"
Snowflake

San Francisco, CA

#11 Dec 29, 2012
USA comeback is just around the corner.
swxxxt

Masontown, PA

#12 Dec 29, 2012

Gung-Ho China and Russia,,,
lct

Beijing, China

#13 Dec 29, 2012
Snowflake wrote:
USA comeback is just around the corner.
then don't try to move to China. we don't take people who sold their souls.
AZN

Toronto, Canada

#14 Dec 29, 2012
Snowflake wrote:
USA comeback is just around the corner.
16 trillion dollars of debt doesn't vanish into thin air overnight.

By next year, the US will probably add another trillion dollars in debt to the existing debt pile.

You are just buying into the US govts. fake optimism.
lct

Beijing, China

#15 Dec 29, 2012
AZN wrote:
<quoted text>16 trillion dollars of debt doesn't vanish into thin air overnight.
By next year, the US will probably add another trillion dollars in debt to the existing debt pile.
You are just buying into the US govts. fake optimism.
there will be cliffs after cliffs. US politicians just put up a show of this so-called talk or deal.
lct

Beijing, China

#16 Dec 29, 2012
in another word, they still trying to cheat for money.
lct

Beijing, China

#17 Dec 29, 2012
for another 1000 years, there is no way usa can ever regain the leadership.

once a liar, forever be.

that is; once you tell a lie, you need 1000 years lies to make up.

Since: Jun 12

Location hidden

#20 Jan 23, 2013
ECONOMIC BLACKHOLE wrote:
Even though the U.S. financial system nearly experienced a total meltdown in late 2008, the truth is that most Americans simply have no idea what is happening to the U.S. economy. Most people seem to think that the nasty little recession that we have just been through is almost over and that we will be experiencing another time of economic growth and prosperity very shortly. But this time around that is not the case. The reality is that we are being sucked into an economic black hole from which the U.S. economy will never recover.
Lies the US economy will still be the major driver of growth for the next 50years
RESISTANCE IS FUTILE

Kitimat, Canada

#21 Jan 25, 2013
dreadman82 wrote:
<quoted text>
Lies the US economy will still be the major driver of growth for the next 50years
that because money grows on trees
Snowflake

San Francisco, CA

#22 Jan 25, 2013
I have told you the USA recovery is here , house sales has been up and house prices had been up and unemployment is much better. We had a great retail season this last year. America will be in command again soon.
AZN

Toronto, Canada

#23 Jan 26, 2013
Snowflake wrote:
I have told you the USA recovery is here , house sales has been up and house prices had been up and unemployment is much better. We had a great retail season this last year. America will be in command again soon.
Obama is playing the same game Bubba Clinton played in the 1990s. Cooked the books and faked the stats.

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