# 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:** 2
**Author:** ![jasg](https://avatars.discourse-cdn.com/v4/letter/j/f0a364/32.png) [@jasg](https://boards.straightdope.com/u/jasg)\ **Post date:** [November 3, 2015, 6:49pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/21 "2015-11-03T18:49:01Z")
> [@Just\_Asking\_Questions](#): > > OK. I’ll go buy gold. And guns. Maybe a gold gun. Don’t forget the MRE’s ---
**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 3, 2015, 6:57pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/22 "2015-11-03T18:57:21Z")
> [@GreenElf](#): > > 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. I think you’d be better off with one of those Dr. Evil shaped subs for an evil lair. That way you can move it around when the bottom drops out of the world. Plus, doesn’t it have a gold meteor attracting tractor beam you could use to get all the gold you want (plus melt the ice caps, IIRC)? ---
**Author:** ![Jophiel](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/jophiel/32/66_2.png) [@Jophiel](https://boards.straightdope.com/u/Jophiel)\ **Post date:** [November 3, 2015, 8:37pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/23 "2015-11-03T20:37:23Z")
> [@Johnny\_L.A](#): > > You can buy my guns. I don’t want them anymore, and would rather buy an airplane. Man, how many guns do you _have?_ ---
**Author:** ![The\_Stainless\_Steel\_Rat](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/the_stainless_steel_rat/32/5727_2.png) [@The\_Stainless\_Steel\_Rat](https://boards.straightdope.com/u/The_Stainless_Steel_Rat)\ **Post date:** [November 3, 2015, 8:49pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/24 "2015-11-03T20:49:20Z")
> [@Mr.Nylock](#): > > My cite? I just have a feeling. It’s in my bones. Call a Chiropractor. ---
**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 3, 2015, 8:55pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/25 "2015-11-03T20:55:15Z")
> [@Little\_Nemo](#): > > In times of economic crisis, I always ask myself “What would Scaramanga do?” Maud Adams. No wait, that’s who, not what. ---
**Author:** ![Loach](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/loach/32/350_2.png) [@Loach](https://boards.straightdope.com/u/Loach)\ **Post date:** [November 3, 2015, 8:58pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/26 "2015-11-03T20:58:38Z")
> [@xt](#): > > 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. M1A2 sep v3 ---
**Author:** ![WildBlueYonder](https://avatars.discourse-cdn.com/v4/letter/w/ce7236/32.png) [@WildBlueYonder](https://boards.straightdope.com/u/WildBlueYonder)\ **Post date:** [November 3, 2015, 9:02pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/27 "2015-11-03T21:02:42Z")
aren’t the positive job counts simply stats? The unemployed are not all being counted-just the ones on the list for checks…right? I really hate stats since it is not based on reality…they didn’t go out and count each and every person unemployed. Just like the Neilson ratings…did they go out and count 10 million people watching the Trump debates? and…who was that radio guy from Fox say yesterday about surface to air missiles or whatever they are called falling on major cities in the next few years? Yeah the US is going in a dump but that’s been going on for years eh? If they want to get people off the roles they also need to do a bit of snooping for who that cheats the system. They sure seem to care about seniors checking for fraud on their medicare cards so why not promote anti fraud campaign in food stamps and other assistance programs and to make sure the true poor are getting what they need to get going again or just get going! ---
**Author:** ![Kimballkid](https://avatars.discourse-cdn.com/v4/letter/k/b5a626/32.png) [@Kimballkid](https://boards.straightdope.com/u/Kimballkid)\ **Post date:** [November 3, 2015, 9:19pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/28 "2015-11-03T21:19:28Z")
You could [buy](http://www.mortarinvestments.eu/products/tanks-2#currency=USD) a tank but I don’t know if it would be a good investment against the economy tanking. ---
**Author:** ![kenobi\_65](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/kenobi_65/32/13178_2.png) [@kenobi\_65](https://boards.straightdope.com/u/kenobi_65)\ **Post date:** [November 3, 2015, 9:32pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/29 "2015-11-03T21:32:35Z")
> [@WildBlueYonder](#): > > aren’t the positive job counts simply stats? > > The unemployed are not all being counted-just the ones on the list for checks…right? This is incorrect. Unemployment numbers are based on a [sophisticated survey](http://www.bls.gov/bls/unemployment.htm) which the Bureau of Labor Statistics conducts on a monthly basis. It does not only count those who are receiving unemployment compensation, but it may not count people who are unemployed but have stopped searching for work. There are, in fact, several different measures of the unemployment rate, some of which are “wider”, and count the “discouraged.” > [@WildBlueYonder](#): > > I really hate stats since it is not based on reality…they didn’t go out and count each and every person unemployed. > > Just like the Neilson ratings…did they go out and count 10 million people watching the Trump debates? If survey research is conducted properly, you do not _need_ a census (which is “counting each and every person”) to get a number which is very close to what you would get with a census. It’s not guesswork; it’s sophisticated, well-developed science. (And, yes, it’s the field in which I work.) ---
**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, 9:36pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/30 "2015-11-03T21:36:04Z")
> [@Jophiel](#): > > Man, how many guns do you _have?_ Not _that_ many. I’m pretty sure fewer than sixty. It would have to be a 40- or 45-year-old plane. ---
**Author:** ![stillownedbysetters](https://avatars.discourse-cdn.com/v4/letter/s/41988e/32.png) [@stillownedbysetters](https://boards.straightdope.com/u/stillownedbysetters)\ **Post date:** [November 3, 2015, 10:03pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/31 "2015-11-03T22:03:33Z")
…is standing at least 1,000 yards away from all you people with all those guns! ---
**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 3, 2015, 10:10pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/32 "2015-11-03T22:10:00Z")
> [@Loach](#): > > M1A2 sep v3 When you care enough to send the very best, regardless of how much fuel it guzzles. 😉 ---
**Author:** ![Broomstick](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/broomstick/32/246_2.png) [@Broomstick](https://boards.straightdope.com/u/Broomstick)\ **Post date:** [November 4, 2015, 4:43am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/33 "2015-11-04T04:43:22Z")
> [@WildBlueYonder](#): > > If they want to get people off the roles they also need to do a bit of snooping for who that cheats the system. They sure seem to care about seniors checking for fraud on their medicare cards so why not promote anti fraud campaign in food stamps and other assistance programs and to make sure the true poor are getting what they need to get going again or just get going! What makes you think this isn’t being done? I was audited once while collecting unemployment and again while I was on food stamps. That was in addition to the paperwork/interview I had to have every six months to continue receiving food stamps. There are controls on the programs to prevent fraud. ---
**Author:** ![Morgenstern](https://avatars.discourse-cdn.com/v4/letter/m/f9ae1b/32.png) [@Morgenstern](https://boards.straightdope.com/u/Morgenstern)\ **Post date:** [November 4, 2015, 4:49am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/34 "2015-11-04T04:49:25Z")
> [@Johnny\_L.A](#): > > You can buy my guns. I don’t want them anymore, and would rather buy an airplane. And with that you’ve earned the tower communication of the day… \*Tower: “Eastern 702, cleared for takeoff, contact Departure on frequency 124.7” Eastern 702: “Tower, Eastern 702 switching to Departure. By the way, after we lifted off we saw some kind of dead animal on the far end of the runway.” Tower: “Continental 635, cleared for takeoff behind Eastern 702, contact Departure on frequency 124.7. Did you copy that report from Eastern 702?” Continental 635: “Continental 635, cleared for takeoff, roger; and yes, we copied Eastern… we’ve already notified our caterers.”\* (from the internet) ---
**Author:** ![Urbanredneck](https://avatars.discourse-cdn.com/v4/letter/u/ea5d25/32.png) [@Urbanredneck](https://boards.straightdope.com/u/Urbanredneck)\ **Post date:** [November 4, 2015, 6:17am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/35 "2015-11-04T06:17:34Z")
> [@Just\_Asking\_Questions](#): > > OK. I’ll go buy gold. And guns. Maybe a gold gun. Now why would anyone buy the actual gold itself. You cant eat it and its only value is if someone really wants it. Now things like food, gasoline, medications, bandages, feminine hygiene, condoms, spare parts, batteries, weapons, beer… those are the things you would want to stockpile. ---
**Author:** ![WildBlueYonder](https://avatars.discourse-cdn.com/v4/letter/w/ce7236/32.png) [@WildBlueYonder](https://boards.straightdope.com/u/WildBlueYonder)\ **Post date:** [November 4, 2015, 11:41am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/36 "2015-11-04T11:41:09Z")
> [@Broomstick](#): > > What makes you think this isn’t being done? > > I was audited once while collecting unemployment and again while I was on food stamps. That was in addition to the paperwork/interview I had to have every six months to continue receiving food stamps. > > There are controls on the programs to prevent fraud. Of course there are interviews, I’ve been there done that…doesn’t mean a thing unless the person is honest about their replies. ---
**Author:** ![Broomstick](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/broomstick/32/246_2.png) [@Broomstick](https://boards.straightdope.com/u/Broomstick)\ **Post date:** [November 4, 2015, 11:48am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/37 "2015-11-04T11:48:32Z")
And you missed what I said about the audit, where I had to produce documentation on their questions? Didn’t they ask you for things like paystubs when you applied? I don’t recall them simply handing out money without asking for proof of poverty, was it different when you were on the program? Or do you propose a private investigator for each and everyone on the program? Wouldn’t be cost effective, would cost more than what little fraud there is costs. ---
**Author:** ![Ravenman](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/ravenman/32/2929_2.png) [@Ravenman](https://boards.straightdope.com/u/Ravenman)\ **Post date:** [November 4, 2015, 11:51am UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/38 "2015-11-04T11:51:24Z")
> [@ralph124c](#): > > “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. Also, the Russians invaded us and overthrew the Constitution, the NIH has determined the moon causes cancer, Advil is now more addictive than opiates, coal was banned three years ago even though it is the main reason our children grow up to be big and strong, and the FEMA concentration camps are opening next Labor Day to round up conservatives before the election. I think we’ve now covered all the fake news that needs covering. ---
**Author:** ![truthSeeker2](https://avatars.discourse-cdn.com/v4/letter/t/7cd45c/32.png) [@truthSeeker2](https://boards.straightdope.com/u/truthSeeker2)\ **Post date:** [November 4, 2015, 12:01pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/39 "2015-11-04T12:01:28Z")
Fertility rates have plummeted throughout the world (which is good because in yr 1920, world population was 1.8 billion and today it is 7.3 billion). This will be bad for demographics and economy but good for environment preservation. Domestic economics of rich countries which are open to immigration like USA and European countries will continue to do well. Majority of the rest of the countries including Japan and China are screwed in long term. ---
**Author:** ![ralph124c](https://avatars.discourse-cdn.com/v4/letter/r/8797f3/32.png) [@ralph124c](https://boards.straightdope.com/u/ralph124c)\ **Post date:** [November 4, 2015, 1:45pm UTC](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463/40 "2015-11-04T13:45:05Z")
> [@pinqy](#): > > Why do you think that’s bad? We’re talking people who don’t want/need jobs or can’t work. > > Which is it? Mediocre or zero? Both > An average of 217,000 jobs/month added over the last 5 years is zero? Where did you learn math? Except that those jobs are part time (less than 30 hours/week, so employers do not have to provide insurance). half of those employed make less than $30,000/year. You must be an apologist for the Obama “Legacy” foundation! [Previous page](https://boards.straightdope.com/t/brace-yourself-the-us-economy-is-going-to-tank-in-the-next-1-3-years/736463.md?page=1) [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=3)