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OT - World Financial Crisis

jverderber

jverderber

Sooner starter
Dec 10, 2004
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All this money printing, over spending, bail out policies is all starting to come to a head. It wont be long before we see the affects here in the US. In the US we have 50 million on food stamps, 90 Million out of the workforce/lowest labor participation rate since 1978, $18++ trillion in debt (that we know about)....states are going bankrupt, cities in the US are going bankrupt.

We all know what is going on in Greece. Well China is well on its way to a market crash right now. People say it can never happen here because we have a printing press....I beg to differ at some point our creditors will come to collect.

Greece is a mess, China's stocks are in a free fall...what about Spain, Portugal, Italy, Belgium, US debts?
http://www.forbes.com/sites/mikepatton/2014/09/29/the-seven-most-indebted-nations/

http://money.cnn.com/2015/07/07/investing/china-stocks-shanghai-crash/
 
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