UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next
Author: telegraph Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 62997  
Subject: Re: World could be plunged into crisis in 2014 Date: 11/11/2012 10:38 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
LIkely Obama will crash the economy next year with his binge borrowing.

The Chinese will stop leanding us money and the dollar will crash...

that will crash the world economy, the price of oil will drop to $50/bbl and all the middle east countries and Venezuela will be insolvent in 18 months as they depend upon $100/bbl oil to sustain them.

Then the wars break out.....

and the US winds up in the middle of it since Europe still needs the middle esat oil...


then the price of oil hits $500 as the middle east destroys itself..and no oil can leave it.....

And what was a bad situation gets worse.


Not hard to predict. You can't borrow more money and owe more money that the total GDP of the world, but Obama will get there by 2016......if the US survives till then....



t.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (6) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Dividend Growth Investing

Good Time for Dividend Champions?
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement