Do you think the United States eventually face economic collapse?

it definately looks that way.

It sure looks like it might, but I hope not.

There are a lot of what ifs and buts going on right now ask the bankers

I think it won't be to much farther in our future.

Undoubtedly. When you begin taking money from those who work to give to those who won't it is the begining of the end.

Societal collapse.

All nations must fall.

No doubt about it. Absolutely.

especially if that lying socialist traitor Obama gets a second term.

Any nation that has more debt than it can repay with interest will collapse.
Its a shame that most Americans failed math.

But we're taking the rest of the world with us.

It's inevitable. All democracies implode from within as the people continually vote themselves benefits from the public trough.

Just hope I'm dead or in another country when it happens.

It really depends on whether or not our political leaders can work for the country instead of themselves for once in the damn life. If this partisan divide continues it is a good bet the country not just the economy can collapse.

It is sad, but operating in the red has its limits. This is what can happen when immoral, greedy people run a country into the ground. Thank you Obama, and both Papa Bush & Baby Bush, Pelosi, Reid, Ted Kennedy, etc.

I keep going back and forth with myself on this one. I'm starting to believe it's probably inevitable now though. I like Romney OVER Hussein, but Mitt's hardly my first conservative choice.

The thing I don't get is everyone keeps saying "buy gold". But if things get really bad and the banks all close, how are you going to buy a gallon of milk or a loaf of bread with gold? Do you shave off some flakes (with a cheese grater, since gold is a soft metal) and somehow the cashier will know it's enough. Or would the cashier know the right amount of change to give back?

When times are tough, people go to barter. Use an ounce of gold to get gas, guns, whatever and trade some of that for your milk, bread, whatever. Pure free market, with things being worth whatever you can get for them. At least that is how things worked in Berlin in 1945. The problem is that THEY had owner operated stores-who decides the barter price in some Costco or Walmart or agribusiness?

I can see that working for a brief time, but soon you'll run out of gold, then gas & guns and then food. I think Germany got quite a bit of help from the Allies after the war, but I really can't imagine too many foreign countries right now willing to help us out - probably because they'll be hurting worse by then as well.

Good and depressing isn't it?

Obviously. The ever increasing debt to GDP ratio is unsustainable. 2% growth won't cut it. And the Piper has to be paid sometime.

Obama will be the cause.

Starts with Obama retirement without pay or benefits,He has had enough in 4 years

YES - Can't just keep printing worthless paper with nothing to back it up.

Unless people wake up look around and see that everything is not sunshine daisy and a bucket of roses, then yeah that might happen, but then again society might implode on its self sparking another Civil War of sorts

We will get through this. America has been through much worse, and triumphed. The world needs us to overcome, and I know we can.

Yes, I think if something happens we will in the end prosper, and come out strong. After the Revolutionary War, we came afloat, after the Depression we came up strong. I think all things good and bad always must come to an end. But, I am scared to death of something happening to America.

It is inescapable.

That part I am not so sure about is the "eventually" bit, most people are unaware just how close we were in 2008 when the banks went to their respective governments to tell them that they would have to shut down all ATM's on the Monday morning as they had run out of money.

The situation hasn't changed much since then except that they keep on coming back for more money.

Equally they have now introduced something called "High Frequency Trading" which uses super computers and not so smart algorithms that permit them to lose money even faster than ever.

Personally I think it is going to be sooner than eventually...

And those very banks continue to pay executives tens of millions of $$$ to do terrible jobs.

Salaries and bonuses of $250M quickly add up to a frightening sum, which is why I believe that the recently estimated sum of $21 Trillion in offshore accounts is probably the tip of one mother of an iceberg.

The iceberg that will sink the economy.

The USA has people at the economic top, and welfare abusers near the bottom, who are destroying us for their own greedy ends. Decent, law abiding, hard working tax payers's futures are being demolished from both ends.

I don't know if you have seen it but I asked a "do you know what bread and circuses refer to" question on SH, because I think the parallels to the fall of Roman Civilisation are more than a little pertinent...

I didn't see that question, or I don't recall it. But, I agree on the parallels with the downfall of some earlier empires.

Unless we make some real and tough decisions very soon. We are running out of time with all this talk .. We need results.

In a " American View " not a fear monger republican view --- Go away and die in a third world !

It all depends on the people. The people can choose to be sheep and watch their country collapse, or they can stand and do something about it together. It's in our court, and we are the only ones that can save it.

You can't overspend like we did and continue to spend and not go down like Greece--no thanks to obamanomics!

Look around you its going to happen and soon.

I don't think we will. But the government need to spend taxpayers money better. That's the only way to get thing turned around.

If Obama wins, an economic collapse is almost assured. It is a major part of the leftist's scheme to fundamentally transform America into a tyranny. If Romney is elected, chances of an economic collapse will be reduced dramatically; but still there.