Do you think we will experience another economic depression?
339120
I doubt it.  There are many different ways to look at the economy.  One of them is the unemployment rate.  During the depression and the times leading up to it, our unemployment rate his 25% or so at its peak.\n\nRight now, we're actually doing better, as the unemployment rate has been steadily decreasing for the last few years.\n\nSee this chart: http://www.economagic.com/em-cgi/data.exe/feddal/ru\n\nAlso, if you go here: http://www.bea.gov/bea/dn/nipaweb/TableView.asp#Mid\n\nGDP has been growing pretty steadily for the last few years, even after taking into account increase in the CPI for inflation.  The economy is actually relatively healthy right .  There's just a lot of big stories on the media because people are paying a lot for gas, so stories about a possible depression sell really well.
1020697
Don't look for that to happen anytime in the near future. Haven't you been paying attention to what we've just rose up out of? The only recession I see is what the Dem's tried to force on us over the last couple of years.Look at the heavy highway traffic over the weekends. Go look at all the boating on the weekends at the lake. Doesn't look like people are afraid to spend money to me.\nAs far as homes go, there are dozens of huge subdivisions going up in just about every direction I travel. Half of all those homes are sold before they are ever finished.  Almost all the contractors I know are building spec houses that are sold as soon as they hit the market.
296610
I don't believe we will fall to another country but will fall internally. All great nations have before and will also in the future. More than likely when our economy begins to fail.
285789
Not very. And getting worse every year. I think the only few things we worry about these days are keeping up with the Jones', money and what makes us happy.. no matter what the cost.
148566
Yup... it will get worse....
552618
right NOW my job is quite secure... but it's impossible to predict the impact the economy might have on it down the road.\n\nthe effect snowballs as people have less disposable income, and they spend less on non-essential items (such as eating out: i work in a restaurant.)  fewer customers lead to fewer employees needed, so the ones that remain are forced to work harder to cover the slack.  and as the cost of the raw materials (in this case food) increases due in part to higher transportation costs, the profit margin shrinks to a barely manageable level.  \n\nit is a scary time for small business owners and employees alike.  a one-word description for the way i feel about the whole economy is "cautious"... we are in uncharted waters.
308769
You will live for a while and then die. You will experience joy and heartache and frustration. You will meet new people, and see bad things in the news. You will experience moments of great depression. You will sometimes get ill.
974440
no..don't count on it\nwith greed, self-indulgence, the cost of fighting terrorism, CEOs that cost thousands of jobs and millions of dollars,a  who-gives-a-serious-crap attitude on social security,and failure to recycle precious land and resources has taken its toll on us and payup time has arrived. We have serious business in our own  yard to attend to before we can resume saving everyone else who needs us. take a number please  :-)
52580
Nope. It'll probably get worse.
107224
Unlikely, because as these two countries become more industrialized the growing strain on workd esources will snap and send us into a nasty depression. \n\n  The price of steel is astronomical right now, making it difficult on the oil companies, pushing up the price of oil. With all of the new construction in India and China, what other possible outcome is there? Perhaps a world war to stay off global starvation?
266203
in the next 5 years there will be a lot of people unable to pay their mortgages, so a lot of repos.  in 10 we will be recovering from the disaster of the "hidden inflation" technique of money management by the Fed.  in 25 years we will be asking China if we can have some input and a share of their base on the Moon.  in 40 years there will be no unions, and no consumer protection.  in 50 there will be a great depression, followed by the rise of a labor movement, and the restoration of consumer protections.  Rinse & repeat.
389351
NO. no one would be prepared but the United staes has made it so that banks dont go bankrupt thats why the made insurance back then they didnt have b4. Families have their own individual depressions. But if we did I would grow fruits and vegetables and shot deer in my back yard turk and rabbits lol and eat then live under a box or in an open house lol
633206
yes because he is going to crash this country into the ground. He is letting the economy rot like a corpse. If we don't impeach him soon- hello second depression.
128754
I don't think so. The only thing that leads to economic prosperity is if people continue to produce more and more.
627528
During the next 5 years, I hope to see a Democratic sweep in all state and Federal governments (at least we will get a different set of lies), I am afraid we will see rampant inflation, horrid interest rates, serious weather pattern changes including more and more serious hurricanes on the East Coast. I expect that during the next 10 years, our ocean levels to begin rising causing more and more flooding in the gulf and East Coast. We well could face a serious uprising of the population due to the Iraq ordeal...very much like we had with Viet Nam. I do not foresee good times ahead. I also think our problems with Mexico have just started. I hope I am wrong.
190712
Another economic depression is possible.  Currently the U.S. is in several billion dollars of debt.  Most of this money was borrowed from Asian countries, (particularly China).  If our current trade agreement with China goes south, we will find ourselves with no money and massive debt.  Taxes will be raised and buisnesses will close down.  No imports from China means prices on all goods skyrocket.  Remember though, these events are highly unlikely.
377843
Surely it may even go further down as the economy of USA is in very bad shape.