Economy tipping into recession.

[Belmont31R]

Nope, we have to have the college loan bubble burst before that one. You have to destroy and de-legitimatize then entire system, at least that is what Cloward-Piven decided.

The gov took over student loans in 2010.

[ForTehNguyen]

college loans is another bubble but nothing compared to the bubble in US Treasuries

[4x4twenty6]

If QE3 happens we will absolutely see a huge drop in the value of the dollar and even more countries will start dumping any large quantity of US currency and also stop accepting it. I hope we dont end up like Britain in the 60's with huge inflation rates as the dollar is no longer accepted as the worlds currency.

**** i gotta start stocking up!

[Heavy Metal]

If QE3 happens we will absolutely see a huge drop in the value of the dollar and even more countries will start dumping any large quantity of US currency and also stop accepting it. I hope we dont end up like Britain in the 60's with huge inflation rates as the dollar is no longer accepted as the worlds currency.

**** i gotta start stocking up!

Naaah....foutunately for the US Dollar, the Euro is collapsing.

[ForTehNguyen]

both are collapsing but all eyes are on the Euro. Someday there will be no confidence in both

[4x4twenty6]

Heavy Metal: No doubt but i dont think we are far behind with the way things are going. The current administration still has far too much time left further **** things up. I have lost all faith in their ability to fix the problems.

[Belmont31R]

both are collapsing but all eyes are on the Euro. Someday there will be no confidence in both

If you look the European countries who have exports are doing well, and those who rely on domestic spending and tourism are doing poor. Germany has tons of modern production and exportation. The shit countries like Greece having nothing. So they are relying on the productive countries to salvage the non producers.