Posted by 1130Leo on March 01, 2012 at 10:29:40 from (12.188.165.254):
In Reply to: economic melt down posted by Leroy on February 27, 2012 at 19:02:52:
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All I can say to the naysayers is unfortunately if Gas stays at or above $4.00 a gallon for very long at all, we are headed right back into a depression, the market will drop like a rock as it has inflated back to an unreal position as it is, there is nothing that supports the numbers, spending on anything but essentials will stop again, people will stop paying house payments as they will have to spend every dime on gas and food, the stupid economists are trying to say income has increased enough to cover it, they ignore that actual income has decreased due to increased taxes, food prices, fees on electric and phone etc... I'm not one that has a bunker nor any amount of stockpiles, but I do believe we are in for a very very bad time soon.
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