Only 5% of next car purchasers expect to buy all electric cars-Road and Track.

vantexan

Well-Known Member
Those economists haven't been right yet. 90% is impossible, and if you thought it was, you would have overhauled your entire life to prepare for the gun battles in every city for food.
The NASDAQ fell 78% from its peak in 2002. The upcoming crash, due to the huge bubbles in every financial sector, has the potential to be even worse. The Fed has been propping up the economy with printing since 2008 instead of letting things take their course. We're now in a position where they can no longer do that. There was a reason behind that too. The Baby Boom generation peaked in buying power in 2007. They're(We) are being followed by a smaller generation which simply won't be able by sheer numbers spend what the Baby Boomers did. So the Fed printed. Don't expect a complete recovery until about 2037.
 
The NASDAQ fell 78% from its peak in 2002. The upcoming crash, due to the huge bubbles in every financial sector, has the potential to be even worse. The Fed has been propping up the economy with printing since 2008 instead of letting things take their course. We're now in a position where they can no longer do that. There was a reason behind that too. The Baby Boom generation peaked in buying power in 2007. They're(We) are being followed by a smaller generation which simply won't be able by sheer numbers spend what the Baby Boomers did. So the Fed printed. Don't expect a complete recovery until about 2037.
The FED should have started raising interest rates last year

They're not supposed to be political but they are.
 

vantexan

Well-Known Member
Different demographics back then.
What will cause gun battles is government policies that make it impossible for a working guy to afford to feed his children. Stock prices dropping, real estate dropping in value by half, bonds underwater, don't mean the end of civilization. Purposely driving fuel prices up to where a working class person can't drive to work just might. Anger will boil over.
 
What will cause gun battles is government policies that make it impossible for a working guy to afford to feed his children. Stock prices dropping, real estate dropping in value by half, bonds underwater, don't mean the end of civilization. Purposely driving fuel prices up to where a working class person can't drive to work just might. Anger will boil over.
Chicken wings are only $7.99 a pound this week I better stock up.....
 
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