How likely is the u.s. to go into another depression?
462861
We won't go into a depression.  We could go into a recession though, a really bad one.  If the economy ever took that type of tailspin again (I assume you are referring to the great depression of the 1930's), it would be devastating to our country!  It would also affect the world economy is a big way!!  Back in the 1930's, the U.S. nor other countries, did business together (loaning money) the way they do now...so it is nearly impossible to compare what happened then to what would happen now...but it would be very very bad.  Interest rates could shoot WAY up...at recent as the 1980's interest rate for even home mortgages were in the middle teens...what do you think would happen to the average American that carries mortgages, huge credit card debt, etc....the interest on these loans alone would way surpass what people are paying right now on principle and interest.  Many people would lose EVERYTHING!  But as in the 30's, the folks who have lived conservatively and have money saved would make out like bandits.  Their money would be accruing interest at those high interest rates and all the items that are repossessed would be able to be purchased at a fraction of their worth.
568471
Well, it sucks for the US.
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?
199083
There is no more middle class.  The American Dream is gone.  We are still making the same amount of money (or less) that we did 20 years ago, yet everything costs much more than it did 20 years ago.  The rich are getting richer and the poor are getting poorer.  I think it's just a matter of time until America crashes and we enter another depression.
760040
During the Vietnam war many college students moved to Canada to avoid the draft.  In the unlikely event that the USA institutes the draft again, I think this will happen again. \n\nThe US government is well aware of this, but know that it very difficult to restrict the movement of Free Americans.\n\nAnyway, due to the unpopularity of the War in Iraq, I think the chances of the draft coming up again are next to zero.  Government try hard to avoid suicide.
262773
We can only speculate on that. Look into the counter world of this. Each choice you make causes something different to happen. History has the same effect. I believe somewhere that happned. All the worlds are balanced. Okay i got off topic.\nI believe there would be no more u.s.a\n~Blessed be~
1163693
No.  Currently the fed fears that the ecomony is growing too fast.  That is why the interest rates keep going up.  I don't think we'll see a depression like in the thirty's because there were laws passed to prevent it.\n\nIn 1929, before the era of the Securities and Exchange Commission (SEC), stocks were bought on margin.  Margin allows you to buy much more stock while only putting down pennies on the dollar of the value.  The problem with margin is that if the stock goes down in value a margin call is required and people must pay in more money to cover the decline.\n\nThe crash of 1929 was caused by people not being able to cover the margin calls and defaulting.  Obviously this wasn't the sole factor just the biggest.\n\nThe federal securities and exchange act created the SEC and made trading on margin much more restricted to insure against a mass default in the future.
418609
I feek like this could pose another problem later for the US.
984604
Currently the type of war{s} the USA is involved in can bankrupt the entire world.\nWhy?\nBecause the U.S. dollar is the worlds currency of choice, since the 1944 Bret-ton Woods New Hampshire agreement.\n\nIf and when other countries choose to use other types of money for international payments, the eventual ramifications could//would have severe consequences in the USA in the form of a depression. Many countries worldwide are apparently now opposing the U.S.perpetual war policies. \n\nAlso, since average American wages have lagged far behind the rising costs of home ownership or rental expenses it is exceedingly more difficult for the middle class American families to raise their standard of living.
1181612
My personal guess - US dollar will fall about half a point after another Fed rate raise.
1120813
i sure hope we find someone better then the current group that looks to be heading the feild in politics on either side..\na real leader who will take care of the problems facing america a real bad depression is headed our way and we do not see it coming.\nALL the conditions are right massive debt millions of service jobs with low pay and no future no effort to support the national infrastructure and the decay of inner cities and the crime and poverty created as we produce less and live off credit .do you really beleive thaat the debt is nothing and we can print more money . that causes inflation which over the last 4 decades has pushed wages down and the only reason so many americans have anything is cause they ignor poor family members and let the government take care of them or the jails.they are the ones who inherit whats left of the working generation that built america and when they spend the money the great more inflation.so now we have jobs that build nothing make no products but provide goods made in other countrys and low paying jobs that the workers parents have there retirements tied to and all along send more and more of americas wealth around the world.we are slipping backwards life is not gettingbetter it is getting worse for average americans . we need a leader that can revitalize the american work ethic to make a quility product note trade in stocks and worthless paper making banks and wealthy people richer and the poor with less security then ever before the lowest amount of personel savings in history with the highest debt even during the depression people had more savings then  today .\nSo one rich man buys the homes of 30 families in a building and turns it into 10 muti-million dollar condos and this is good some how 10 paper pushers who have done nothing but push around paper move in  on credit and 2 years later sell and buuy more and sell and buy  raising the price for everyone fialy fialing banckruptcy after secretly squirlling away a few million in hidden cash leaving all of us holding the bag.when will we get responcible people in government.
853473
It could well be part of the depression.  Have you tried councelling, it can be very helpful...;
575532
Well yes and no. Long story short it's possible because the US government is selling bonds to other nations, (more like extorting them to buy it, otherwise they will charge a very high tariff on all imports from that country)  and this allows a steady flow of cash into the economy.\n\nThis boom goes on until someone wisens up and demands the loaned money.  At which point, everyone who's borrowed money ends up actually having none, and this cause major and I mean MAJOR chaos.  Think this way, no one has cash. Everyone wants cash. But there is no cash.  Everyone is going to fall down like a domino.\n\nAnyway people call this "depression".  It's a result of living in decadence and buying everything on credit and assuming that tomorrow, your paycheck will be bigger.  Specualtion and greed supplies all the other necessity for a disaster.\n\nI really crammed about 10 books worth of info into a few paragraphs. I hope I got through to you.
520347
no the us cant afford it at all we are in two wars already and in too much debt so no
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.
724657
Depends upon what you mean by the "fall" of the US. If you mean a departure from the Representative Republic that the Constitution and was based upon.....Quite possibly. The people of this nation were once a very independent and self reliant people. Now, with current politics as they are and politicians "buying" the vote with social welfare programs and the generalize apathy from the public I could easily see it happening. Without a strong 3rd party political party, I do not see a change from the course we are on.
643510
GOD I HOPE SO!!\n\n\nCLINTON WAS THE LAST PRESIDENT TO TURN THIS REPUBLICAN MESS AROUND.  WE WERE HEADED TOWARDS A DEPRESSION IN 1992, AND THANKS TO HIM THIS COUNTRY PROSPERED.  WE NEED ANOTHER CLINTON ASAP!!