Community | June 17, 2011 | 17 comments

48 Percent Of Americans Believe Another Great Depression Is Likely In The Next 12 Months - 19 Reasons Why They Are Not Completely Crazy

source: http://theeconomiccollapseblog.com/archives/48-percent-of-americans-believe-another-great-de...

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Do you believe that the U.S. economy is steamrolling toward a depression? If so, you are not alone. According to a recent CNN poll, 48 percent of Americans believe that "another Great Depression" is likely within the next 12 months. Americans have been waiting for almost three years for a "recovery" to materialize, but instead there are all kinds of signs that the economy is about to get worse yet again.
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17 comments // 48 Percent Of Americans Believe Another Great Depression Is Likely In The Next 12 Months - 19 Reasons Why They Are Not Completely Crazy

  • PigFarmington
  • wolfess
  • Prijedor
    • +1
      Prijedor  

    • people need to just do what they do and start creating jobs, if the bank wont give a loan, talk to some friends, get some other unemployed people together and get something started, now, today then the future might start looking better
      but if all that we are doing is listening to the news and holding back waiting for worse to come then thats exactly whats going to happen
      stop letting the news guide you

    • 11 months ago
  • rosyjane
    • 0
      rosyjane  
    • Prijedor:

      indeed, it is like depression, when you want to add a percent of depression inside your soul, you will be insane but if you fight and learn to show that you can cope with it, the bankruptcy of your mind will not make you lose sanity....

    • 11 months ago
  • dugdog47
    • 0
      dugdog47  

    • I don't think a new depression is gonna happen. I think a total economical collapse is imminent. Alot like what happend to the U.S.S.R. back in the '80's.

    • 11 months ago
  • Leen61
    • +2
      Leen61  

    • Great story! What is so crazy about 48% of Americans believing another Great Depression is coming? The handwriting is on the wall. There are no signs of improvement. I also agreed with the Jack Cafferty video that was in this article. When there is no hope, that's when the violence starts. Go look back on history.

    • 11 months ago
  • SIBob
    • +1
      SIBob  
    • Leen61:

      You're right Leen61. It's most likely going to erupt in rising crime, from those being left out economically. Most lefties are non-violent and too fast to compromise. But, long before violence happens, mass strikes could be more effective. But trying to get everyone on that page in this age of single digit union membership is a stretch too. Things will probably have to get crazy before the vast majority gets off their duff.

    • 11 months ago
  • Leen61
  • wolfess
  • Leen61
  • JohnA
    • +1
      JohnA  

    • We're in a depression now, what are these people thinking! Likely in 12 months? We are waist deep in it right now, here, today.

    • 11 months ago
  • rosyjane
    • 0
      rosyjane  

    • "Depression, various sources occurs when depression enters in human brain... and one great source is brain infection due to an accident... (outside impact nor inside forced that affects the brain) and the symptoms occur and can be seen from five months to five years before they know that the brain is affected already...."-JB

    • 11 months ago
  • wolfess
    • +1
      wolfess  
    • rosyjane:

      You sound like google in the bing commercials :-). I understand that you are trying to correlate what happens in the mind and body to what is happening in our economy, but I'm not sure it really works too well.

    • 11 months ago
  • rosyjane
    • 0
      rosyjane  
    • wolfess:

      it does collides and interact in our economy... the brain is the sources of all funds inside our body to work one country... the economy is a main brain of a country to make the whole country works from the various parts that it has and the body is the Senate itself...

    • 11 months ago
  • UrbanGypsy
    • -3
      UrbanGypsy  

    • Double dip recession. I think its the result of decades of free trade policies and deregulation, disintermediation, and liberalization of financial markets.

    • 11 months ago
  • JohnA
  • NiceN
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