All Forum Posts by: Greg X

I remember reading a year ago articles how China and India could survive a downturn in America because their own economies could absorb the loss (consumption) and keep them chugging along. I called ******** then, and I call ******** now. They are export economies (China) who lack the consumer base (look at their GDP per capita) to absorb all those goods ($). I think China is just as worried about us and our own citizens are. I'm wondering how long before our country defaults. I predicted back in my college days of being somewhere about 2015 and no later than 2024 (I think that's when SS was to go bust, but I'm sure it will happen well before that).

Hey Guys,

You should watch the documentary I.O.U.S.A.

It's great and it illustrates the problems we face and just how devastating (I don't believe they will be solved) they are. I've known since my days as a Economics student in college, but most people have no clue how degraded our standard of living will be soon, and our children's, and their children's as well.

You can find it online as well, though. It should be required viewing by every American. And it's not conspiracy theory either. It was produced by the Comptroller General of the U.S.A. who has been trying to raise awareness for years.

Will do. Although I like the picture of the silhouetted man holding the giant dollar sign. I'll look through and find a picture on my home machine and update my profile.

yes, though you reminded me. I hate the name Gregory. I'll change it.

Short sale sounds like the best route. You're a renter in your own home and other than a modification, it's your only chance.

I'd like to edit my profile but can't. What the heck? Can someone tell me how.