General Discussion

ProSense

(116,464 posts)

5. Economists

Reply to Leftist Agitator (Original post)

Wed Feb 15, 2012, 02:27 PM

Feb 2012

We're teetering on the brink... Right now, total economic activity is so low that all it will take is one major incident to tip the world into a full-blown, capital "D" Depression. And with the turmoil in Greece, the constant saber-rattling between Israel, the U.S. and Iran, and God only knows how many more potential trouble spots, we may very soon find out just which straw it will be to break the proverbial camel's back.

...disagree.

Dean Baker
http://sync.democraticunderground.com/1002283297

Krugman
http://sync.democraticunderground.com/?com=view_post&forum=1002&pid=285369

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Get ready for it: Another economic collapse is coming. [View all] Leftist Agitator Feb 2012 OP

While no one knows the future for certain -- the markets usually do. banned from Kos Feb 2012 #1

Thank you for the compliment. Leftist Agitator Feb 2012 #6

The Dow and S&P all-time highs were in the fall of 2007 Nye Bevan Feb 2012 #8

The US stock mkt toped 2nd week Oct 2007 Ian62 Feb 2012 #24

How? zipplewrath Feb 2012 #2

I'm not a financial advisor. Leftist Agitator Feb 2012 #10

So your alert was "be scared"? zipplewrath Feb 2012 #31

I don't think you can "get ready" for total economic collapse Hugabear Feb 2012 #20

Just in time for Boomer retirement. What a wonderful world. Kablooie Feb 2012 #22

What this is actually: Gigantic Theft by Banks of National Treaure they have no right to librechik Feb 2012 #3

You do know, by the way, that carriers have drastically overexpanded capacity? banned from Kos Feb 2012 #4

Indeed... Leftist Agitator Feb 2012 #9

Economists ProSense Feb 2012 #5

Well, for starters: Leftist Agitator Feb 2012 #12

Right ProSense Feb 2012 #13

If the Greece withdraws from the EU, the Euro is finished. Leftist Agitator Feb 2012 #14

I don't ProSense Feb 2012 #15

Obama doesn't have what it takes to control the crisis. girl gone mad Feb 2012 #17

President Obama ProSense Feb 2012 #18

No I'm not confused.. girl gone mad Feb 2012 #19

I could name you half a dozen economists Ian62 Feb 2012 #25

as long is it doesn't happen till next year. n/t. okieinpain Feb 2012 #7

+1,000 ! n/t Surya Gayatri Feb 2012 #11

The BDI is showing uncertainty, and that is understandable. Ikonoklast Feb 2012 #16

I'll gladly get ready for it... how? Kablooie Feb 2012 #21

Question about BDI eridani Feb 2012 #23

You make an excellent point. Leftist Agitator Feb 2012 #26

I don't believe such a shift can be done very easily for many nations. Selatius Feb 2012 #28

There is no evidence for this at all Ian62 Feb 2012 #29

TO belabor a point.. sendero Feb 2012 #27

One way to drop unemployment numbers is to remove people from the labor market. Selatius Feb 2012 #30

So one of the ways to prepare is join and create more unions. lonestarnot Feb 2012 #36

The problem is unions have basically been kettled into the Northeast and West Coast. Selatius Feb 2012 #38

Everything does have to go "just right" zipplewrath Feb 2012 #32

What you are saying is. sendero Feb 2012 #33

Good post. The one percent use these crises. woo me with science Feb 2012 #39

At least it "would" be good news for the planet... Amonester Feb 2012 #34

It'll add to pressure for war for one thing.. Fumesucker Feb 2012 #35

The sky isn't falling. Swede Feb 2012 #37

I've been reading desperate attempts to wake people to the doom upon them - since the early 80's bhikkhu Feb 2012 #40

Things have steadily gotten worse. Wages falling behind inflation, but mostly this. Zalatix Feb 2012 #41

And what? bhikkhu Feb 2012 #42

Food will become more scarce, for one. Along with jobs. That shoulda been obvious. Zalatix Feb 2012 #43