I suspect that 2015 will see a return of the likely 7-year cycle of pump and dump economic rise and fall, so 2015 is when the next downturn can be expected, and many trends forecasters say the US is headed for a certain collapse, with the rapid decline in the use of the US dollar for international trading, the levels of unsustainable debt throughout the economy, the lack of good paying fulltime jobs that were expected but didnt show up since 2008, the number of jobs gone overseas, and the backlog of unemployed who are falling into more and more poor-paying part-time jobs. All the while, the cost of living by all measures, is going up as the Age of Oil keeps marching on and on.
Posted on: Fri, 26 Sep 2014 19:17:05 +0000
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