# Brace yourself, the US economy is going to tank in the next 1-3 years **URL:** \ **Category:** Miscellaneous and Personal Stuff I Must Share\ **Created:** [November 2, 2015, 9:36pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463 "2015-11-02T21:36:51Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Mr.Nylock](https://avatars.discourse-cdn.com/v4/letter/m/77aa72/32.png) [@Mr.Nylock](https://boards.straightdope.com/u/Mr.Nylock)\ **Post date:** [November 2, 2015, 9:36pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/1 "2015-11-02T21:36:51Z")
My cite? I just have a feeling. It’s in my bones. ---
**Author:** ![Just\_Asking\_Questions](https://avatars.discourse-cdn.com/v4/letter/j/ba9def/32.png) [@Just\_Asking\_Questions](https://boards.straightdope.com/u/Just_Asking_Questions)\ **Post date:** [November 2, 2015, 9:41pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/2 "2015-11-02T21:41:12Z")
OK. I’ll go buy gold. And guns. Maybe a gold gun. ---
**Author:** ![sevenwood](https://avatars.discourse-cdn.com/v4/letter/s/6de8d8/32.png) [@sevenwood](https://boards.straightdope.com/u/sevenwood)\ **Post date:** [November 2, 2015, 9:42pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/3 "2015-11-02T21:42:39Z")
I think you need new bones. ---
**Author:** ![Mr.Nylock](https://avatars.discourse-cdn.com/v4/letter/m/77aa72/32.png) [@Mr.Nylock](https://boards.straightdope.com/u/Mr.Nylock)\ **Post date:** [November 2, 2015, 10:06pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/4 "2015-11-02T22:06:45Z")
> [@Just\_Asking\_Questions](#): > > OK. I’ll go buy gold. And guns. Maybe a gold gun. You don’t just want gold - you need silver too. I think a gold gun is a good way to go, you want to travel light. It’s less cumbersome to than carrying gold and a gun. ---
**Author:** ![Mr.Nylock](https://avatars.discourse-cdn.com/v4/letter/m/77aa72/32.png) [@Mr.Nylock](https://boards.straightdope.com/u/Mr.Nylock)\ **Post date:** [November 2, 2015, 10:07pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/5 "2015-11-02T22:07:45Z")
> [@sevenwood](#): > > I think you need new bones. My bones have been very accurate in predicting the non-collapse of the economy or the last several years 🆒 ---
**Author:** ![beowulff](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/beowulff/32/542_2.png) [@beowulff](https://boards.straightdope.com/u/beowulff)\ **Post date:** [November 2, 2015, 10:45pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/6 "2015-11-02T22:45:20Z")
What’s wrong with tanks? ---
**Author:** ![XT](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/xt/32/456_2.png) [@XT](https://boards.straightdope.com/u/XT)\ **Post date:** [November 2, 2015, 10:50pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/7 "2015-11-02T22:50:08Z")
I’m pretty sure the US will be using the M1A2 for the next 1-3 years…hell, it will probably be with us for the next 20 at least. And if I were going to tank, that’s what I’d want. > [@Mr.Nylock](#): > > You don’t just want gold - you need silver too. I think a gold gun is a good way to go, you want to travel light. It’s less cumbersome to than carrying gold and a gun. No, what you need is a golden gun that fires silver bullets. Covers all the bases then, see? ---
**Author:** ![ReticulatingSplines](https://avatars.discourse-cdn.com/v4/letter/r/e274bd/32.png) [@ReticulatingSplines](https://boards.straightdope.com/u/ReticulatingSplines)\ **Post date:** [November 2, 2015, 10:52pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/8 "2015-11-02T22:52:29Z")
If you really believe that, then take all your money and short everything. ---
**Author:** ![Flyer](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/flyer/32/7298_2.png) [@Flyer](https://boards.straightdope.com/u/Flyer)\ **Post date:** [November 2, 2015, 10:57pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/9 "2015-11-02T22:57:55Z")
> [@sevenwood](#): > > I think you need new bones. > [@Mr.Nylock](#): > > My bones have been very accurate in predicting the non-collapse of the economy or the last several years 🆒 Now we know who hasn’t been paying attention to the news. Lots of people think that several major countries are in danger of heading back into recession. > **[The world's economic 'canary in the coal mine' has no good news to offer](https://www.businessinsider.com/south-korean-exports-october-2015-2015-11)** > > South Korean exports fell 15.8% in October. [http://seekingalpha.com/article/3633786-top-investment-adviser-advises-that-cash-may-not-be-a-bad-alternative-today](http://seekingalpha.com/article/3633786-top-investment-adviser-advises-that-cash-may-not-be-a-bad-alternative-today) > **[Rate cuts fail to rouse China as manufacturing contracts again](https://www.independent.co.uk/news/business/news/rate-cuts-fail-to-rouse-china-as-manufacturing-contracts-again-a6717341.html)** > > Manufacturing sector shrank for a third successive month in October ---
**Author:** ![TruCelt](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/trucelt/32/523_2.png) [@TruCelt](https://boards.straightdope.com/u/TruCelt)\ **Post date:** [November 2, 2015, 11:10pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/10 "2015-11-02T23:10:51Z")
It’s clear that if the GOP doesn’t get off their obstructionist track, foreign investment is going to go from “much lighter” to “near zero.” Well, that’s not entirely true, foreign entities are into buying our real estate now, instead of our stocks. If we elect any of the current Republican presidential candidates world opinion will turn on us in a way even greater than it did under “W.” And that could, yes, tank the economy again; just like it did last time. ---
**Author:** ![ralph124c](https://avatars.discourse-cdn.com/v4/letter/r/8797f3/32.png) [@ralph124c](https://boards.straightdope.com/u/ralph124c)\ **Post date:** [November 3, 2015, 8:54am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/11 "2015-11-03T08:54:44Z")
“Tanking”? It never recovered in the first place. We have 94 million people OUT of the labor force, and mediocre growth rates for the past 7 years. basically, we are in a zero growth, zero job growth economy, supported by massive debt issues (National Debt over $20 Trillion). When we stop printing money (and letting Wall Street gamble with it), watch out. ---
**Author:** ![pinqy](https://avatars.discourse-cdn.com/v4/letter/p/a3d4f5/32.png) [@pinqy](https://boards.straightdope.com/u/pinqy)\ **Post date:** [November 3, 2015, 3:25pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/12 "2015-11-03T15:25:42Z")
> [@ralph124c](#): > > “Tanking”? It never recovered in the first place. We have 94 million people OUT of the labor force, Why do you think that’s bad? We’re talking people who don’t want/need jobs or can’t work. > [@](#): > > and mediocre growth rates for the past 7 years. basically, we are in a zero growth, Which is it? Mediocre or zero? > [@](#): > > zero job growth economy, An average of 217,000 jobs/month added over the last 5 years is zero? Where did you learn math? ---
**Author:** ![digs](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/digs/32/14889_2.png) [@digs](https://boards.straightdope.com/u/digs)\ **Post date:** [November 3, 2015, 5:22pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/13 "2015-11-03T17:22:10Z")
Why do I suspect the OP is going to return with a great investment strategy for us? ---
**Author:** ![Mr.Nylock](https://avatars.discourse-cdn.com/v4/letter/m/77aa72/32.png) [@Mr.Nylock](https://boards.straightdope.com/u/Mr.Nylock)\ **Post date:** [November 3, 2015, 5:37pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/14 "2015-11-03T17:37:01Z")
> [@digs](#): > > Why do I suspect the OP is going to return with a great investment strategy for us? I don’t to be the guy with one weird trick that investment bankers hate 😛 ---
**Author:** ![Diceman](https://avatars.discourse-cdn.com/v4/letter/d/22d042/32.png) [@Diceman](https://boards.straightdope.com/u/Diceman)\ **Post date:** [November 3, 2015, 5:42pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/15 "2015-11-03T17:42:15Z")
In my own sector (the automotive industry) sales have been red hot for the past couple of years. At the current pace, we’re certain to reach an oversold state within the next year or two. ---
**Author:** ![Mr.Nylock](https://avatars.discourse-cdn.com/v4/letter/m/77aa72/32.png) [@Mr.Nylock](https://boards.straightdope.com/u/Mr.Nylock)\ **Post date:** [November 3, 2015, 5:44pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/16 "2015-11-03T17:44:58Z")
> [@Diceman](#): > > In my own sector (the automotive industry) sales have been red hot for the past couple of years. At the current pace, we’re certain to reach an oversold state within the next year or two. You’re sales will plummet when the economy collapses!! duh:rolleyes: ---
**Author:** ![Little\_Nemo](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/little_nemo/32/3120_2.png) [@Little\_Nemo](https://boards.straightdope.com/u/Little_Nemo)\ **Post date:** [November 3, 2015, 5:46pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/17 "2015-11-03T17:46:55Z")
> [@Just\_Asking\_Questions](#): > > OK. I’ll go buy gold. And guns. Maybe a gold gun. In times of economic crisis, I always ask myself “What would Scaramanga do?” ---
**Author:** ![Chimera](https://avatars.discourse-cdn.com/v4/letter/c/8e8cbc/32.png) [@Chimera](https://boards.straightdope.com/u/Chimera)\ **Post date:** [November 3, 2015, 5:58pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/18 "2015-11-03T17:58:17Z")
Well, Scaramanga was played by Christopher Lee, who we all know was the real life “World’s Most Interesting Man”. “I don’t always get involved in politics, but when I do, I save nations” ---
**Author:** ![Johnny\_L.A](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/johnny_l.a/32/1084_2.png) [@Johnny\_L.A](https://boards.straightdope.com/u/Johnny_L.A)\ **Post date:** [November 3, 2015, 6:11pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/19 "2015-11-03T18:11:34Z")
> [@Just\_Asking\_Questions](#): > > OK. I’ll go buy gold. And guns. Maybe a gold gun. You can buy my guns. I don’t want them anymore, and would rather buy an airplane. ---
**Author:** ![GreenElf](https://avatars.discourse-cdn.com/v4/letter/g/9de053/32.png) [@GreenElf](https://boards.straightdope.com/u/GreenElf)\ **Post date:** [November 3, 2015, 6:24pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/20 "2015-11-03T18:24:16Z")
> [@Little\_Nemo](#): > > In times of economic crisis, I always ask myself “What would Scaramanga do?” Buy a secluded fortress on a small south sea island and weather it out. Just don’t invite a Mr. Bond to be your guest. [Next page](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463.md?page=2)