Economic collapse? Is it ever going to happen?

There is an old Bugs Bunny cartoon where Bugs and another character are stranded in an old shack and have run out of food except for one bean. I will never forget the part where Bugs is cutting thin slices from the one last bean for himself and his friend.. I first saw this cartoon when I was a kid and for some reason current events in the US and around the world keep bringing it back to mind.

america= rome under nero

Canadians number 33 million and sit on top of 60 Quadrillion worth of Resources Do not look for too much of a collapse in Canada. On the other Hand in the UK and in USA they have no chance not to avoid a very severe future. both are over populated have little resources and are not going to see a good out come.

u r so right about people cold and not talking about essencial stuff.I myself feel like an alien when i look around me in montreal. They are all drones ...Mindless drones !!

Hey HomesteadAcres. I have a question for you. Have you ever thought about going off the grid? Making your own energy using solar or wind to power your home and farm? That would be yet another step to be prepared for an economic crash. Just an idea. Would love to see a video response. Keep up the good work.

Ontario's economy is mainly based in the auto industry. When they the big three were hit hard Ontario was bound to take a bigger hit than other provinces. On the east coast we have always been have not provinces so this recession didn't affect us much.(smaller booms= smaller crashes.

Canadians, please reply - have any of you cashed in your RSP's ??? I'm thinking about it. . .would like to know what others are doing. Thanks.

I'm unemployed/self employed. I have no choice. I have applied for over 80 jobs since June. Since I am a single father, I am not allowed to move out of my state. I have litterally applied at most places STATE wide!! I just keep doing what I have to do to keep my head above water. Government just keeps spending and spending....... It'll NEVER get better!!!!

I like this a lot!

All I can do is follow my gut. And my gut has told me to prepare. The feeling has been getting more intense with every passing day. If we get through this without anything major happening, then for once in my life, my gut will be wrong. Peace.

I think they have it all sewed up so well that it'll just be, as you put it, a lower standard of living, especially for the US. Here, the same, as we tag along with the US. Increased poverty. Not like the 'great depression'. Too many people, globalized, computerized, governments have access to loads of debt. The wealthy just have to decide how much they want to control, how many villas, how many shopping trips to Paris. They don't even notice the ordinary person as long as they have their stuff

26th October 2009 Crash.

Your right people should be prepared. \\\\\\\\\the collapse is with us already but look at it as a good thing. the system was immoral and nature knows its time for a real change. the order of things will be different in a sense no order. But harmony ...a natrual mystic..

Great Post!!! I think the Cdn real estate is higher because there are alot of first time home buyers that think this is a great time to jump into the market before prices really go up......NOTTTTTT!!!

is that beard an attach on lol just messing around its going to get very nasty bro canada american south america EVERYONE IS FUCK U UNDERSTAND ME U NAMING THE BAD SIGNS U MIND KNOWS THE TRUTH ITS NOT GOING TO GET BETTER FUCK NUMBERS REALITY WILL CATCH UP FOR ME AND THE REST OF U KEEP YOUR FAMILY SAVE AND UR REAL FRIENDS THAT U KNOW MORE THEN 6 YEARS GOT IT GET READYYYYYYYYY OCT 26 2009 GAME OVER NOT ENOUGH GOOD DATA TO KEEP IT GOING I BET U ALL KNOW SOMEONE LOST THERE JOB REALITY THERE U GO

it will happen when there is nothing left to LOOT....the US will pull the trigger....right before someone one else does...dollar is at 74.9 oil at 81 as dollar collapses...

when i went to Canada in '96 i exchanged my 1 US dollar for 1.47 Canadian. oct '09 the exchange is .95 USD to 1 CAD.

I have a real question. Do you think Canada will fair better than the USA in an economic collapse?

I think if you have a job -- things are getting better -- If you are one of the millions who do not things are getting worse. We need a crash -- but will the really rich let that happen -- well I'm not sure now -- as they loose if it gets to bad and they are a greedy bunch --

The collapes is in slow motion right befor our eyes. Check out TheModernMystic here on youtube...and the U.S. labor numbers..the U6 number to put a point on it.....and keep an eye on the USD index

Economic collapse? Is it ever going to happen?

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