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  • With Trump as president, YES

    He only does what is good for himself 1st and his family 2nd. Because of his enormous ego, He is very likely to get us in a war we will never recover from. His feelings are hurt that the USA does not want to spend 90million Dollars on a parade to honor him!

  • The real reason

    Every crash since the one in the 80's has been directly tied to the price of gas. In 2008 the price of gas was so high it was becoming difficult for truck drivers and other forms of transportation to deliver goods to stores. We will see this again and just like in 2016 it will crash the oil market again when the oil price rigging corrects itself again. The cost of homes was just one piece of the overall puzzle. There was more supply than there was demand which is happening again as we speak. It doesn't matter if people can afford the payments or not if there is not enough people that can afford it. The food markets are in a bubble, student loans, automobiles, technology sectors, healthcare, insurance, retail, and the list goes on. Every bubble will pop at once this time because they are heavily inflated by the same factor which was quantitative easing. Supply is up for everything, demand is not, and it is shrinking.

  • This country is filled with ignoramuses.

    A financial crisis is imminent and inevitable.The american populus is more concerned with irrelevancies than their financial well-being. Examples of the aforementioned irrelevancies are unimportant tv shows, books, and sporting events. Also, the overwhelming majority of Americans make ignorant purchases to impress people that are broke themselves. Americans need to get their waist-lines and personal finances into a reasonable position. I am intelligent, and will inevitable profit from other ignoramuses stupidity.

  • This country is filled with ignoramuses.

    A financial crisis is imminent and inevitable.The american populus is more concerned with irrelevancies than their financial well-being. Examples of the aforementioned irrelevancies are unimportant tv shows, books, and sporting events. Also, the overwhelming majority of Americans make ignorant purchases to impress people that are broke themselves. Americans need to get their waist-lines and personal finances into a reasonable position. I am intelligent, and will inevitable profit from other ignoramuses stupidity.

  • This country is filled with ignoramuses.

    A financial crisis is imminent and inevitable.The american populus is more concerned with irrelevancies than their financial well-being. Examples of the aforementioned irrelevancies are unimportant tv shows, books, and sporting events. Also, the overwhelming majority of Americans make ignorant purchases to impress people that are broke themselves. Americans need to get their waist-lines and personal finances into a reasonable position. I am intelligent, and will inevitable profit from other ignoramuses stupidity.

  • People are ignorant

    Americans are extremely overweight and broke. They are ignorant in important matters, and instead these ignoramuses are concerned with complete irrelevancies. Examples of this irrevelant material would be reality and fictional television shows, fiction books, and computer games like Fortnite,I am currently in high school, and am surrounded by morons. This is the future of the economy, and that is scary for people who are not aware of the magnitude of economics.I am intelligent and am preparing, but the majority of americans are ignorant and are not prepared.

  • Why is this being debated, we should at least open up the debate to China and Japan, they now own one third of the U.S.

    We could absolutely could go into a Depression, when you step back and look at it all we did was put 4 trillion dollar bailout Band-Aid on a hemorrhaging artery. Now we have an aging population and the real risk of hyperinflation from the great QE experiment. It could be all a moot point if we don’t figure out a way to drastically reduce the deficit. We will just be further consumed by debt and ultimately China and Japan will own the United States, they already pretty much own one third of it.

  • We are in an extreme out of balance state.

    All though all the blame can't be placed on Obama, he certainly didn't help matters. An unfortunately because of trade, this will be a world depression with no one to bail anyone out. The world on a whole has become more greedy and 90% of the countries are broke. All major economies have been shrinking, US is piling up goods that can't be sold, goods transportation has slowed way down. The world has heavily relied on credit and that bubble will burst.

  • A crash is inevitable.

    In 2008, we gave over $10 Trillion dollars to bailout the banks. Of course we know why that happened now. It was due to the fact we gave subprime mortgage loans to the poorest people among us and then rated those D loans as B, A, AA, and AAA. Then we bundled these loans together and bet that they were not fail. Instead of fixing this problem after the crash we went back to business as usual. A good indication that things are the if not worse than before is the Dow jones is over 17,000 and only seems to keep going up. Many would look at the DOW and say that it looks healthy and it's good. However it is my opinion that it's another housing bubble.

  • Negative interest rates

    Everything is out of balance and we are starting to see the effects. Banks in Japan and some European countries have started using negative interest rates to hold money. The rationale of charging 0.3% a year to hold savings is to combat deflation by getting people to invest or spend their money so they will stimulate the economy. It's also supposed to get the banks to lend money to borrowers. So obviously, policymakers have the sense that things are headed towards a downward spiral, the fact that we may be paying .3% for savings accounts rather than earning .3% is a big sign.

  • We Are Not Headed For Another Great Depression

    The Great Depression was a time that the stock market crashed, which affected everyone in America. The Great Recession is something less people are affected by than The Great Depression. Though The Great Recession is something that has been going on for many years and has affected many, it does not affect everyone. Obama's statements on this debate, and how he is treating these people who are working in a lower class place, are wrong. He is giving higher wages to these people and causing laziness. Giving higher wages to minimum wage workers is showing that working hard is not affecting anything. Why should someone try harder if you will be giving them the amount of money that people working in better jobs are getting. No one will try to get a better life. So yes, there are poor people and people living in the streets, but they should do something to help themselves rather than just wait for Obama to give them free living and $15 an hour for working at a place like McDonalds.

  • We Are Not Headed For Another Great Depression

    The Great Depression was a time that the stock market crashed, which affected everyone in America. The Great Recession is something less people are affected by than The Great Depression. Though The Great Recession is something that has been going on for many years and has affected many, it does not affect everyone. Obama's statements on this debate, and how he is treating these people who are working in a lower class place, are wrong. He is giving higher wages to these people and causing laziness. Giving higher wages to minimum wage workers is showing that working hard is not affecting anything. Why should someone try harder if you will be giving them the amount of money that people working in better jobs are getting. No one will try to get a better life. So yes, there are poor people and people living in the streets, but they should do something to help themselves rather than just wait for Obama to give them free living and $15 an hour for working at a place like McDonalds.

  • No way this will happen.

    The economy is going up and everything is so connected now, that if we noticed that it was getting to that point, we would do something before it would get too bad. We will not have another Great Depression I swear on my computer that I am typing this with.

  • Jobs on the rise

    No, the US is not headed for another great depression. For the last few months the unemployment rate has steadily been decreasing, in fact it is now under 8% for the first time in 44 months. So it seems like the economy is recovering. Although economics is very complicated, the economy does follow a cyclical pattern so I would not have any reason to expect that another great depression would happen in the immediate future unless there was some unpredictable change.

  • No we are not

    We are not leading to the Great Depression. America is recovering. Everywhere you look, you'll see jobs being built and built. So people will be able to work. And of course crime has went down. Obama has done nothing wrong. If you stop looking at skin color for once, maybe you'll understand what he's doing. But I forgot, he's black so he's horrible. I know how it goes.

  • No, the US is not headed for another Great Depression.

    We have seen the United States start to recover from the recent economic problems in recent years. People are starting to go back to work, and we also see the stock market recovering too. This is why I do not believe that we are heading for another Great Depression at all.

  • Lesson Learned

    The Bush Jr era ended with the Great Recession. Democrats, and Americans, learned their lessons the hard way and gave Obama eight years to correct the GOP's problem. The bailouts were unpopular, but they probably saved the global economy from an even worse calamity that would have taken decades to recover from, not just a few years.

  • No. The economy is growing, just slowly.

    A depression occurs when the economy fails to grow at all over a period of time. In reality, our economy has grown since the recession in 2008. The rate of growth is simply slower than many people would like, but the reality is that the unemployment rate has gone down and more jobs are being created than there were. Part of the reason that we avoided a depression is that the government took some decisive action to stimulate the economy and intervene before it got too bad.

  • No, the US is not headed for another great depression.

    For the last few months the unemployment rate has steadily been decreasing, in fact it is now under 8% for the first time in 44 months. So it seems like the economy is recovering. Although economics is very complicated, the economy does follow a cyclical pattern so I would not have any reason to expect that another great depression would happen in the immediate future unless there was some unpredictable change.


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