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| Economy |
| Preventive Priorities Survey: 2012 |
| 2011-12-09 |
| Posted by:tipper |
| #1 The last item on the Tier I list is the most important even if very badly formulated: intensification of the European sovereign debt crisis that leads to the collapse of the euro, triggering a double-dip U.S. recession and further limiting budgetary resources Cain't be no 'double-dip' recession -- there has been no real improvement in the US economy since 2008 or so, only shuck-and-jive economic patches. A full-bore credit collapse with multiple big bank failures is increasingly likely. The resulting disruption of everyday life in the US will call into question the legitimacy of its government if US voters ever get a clue that my (I hope) hypothetical crash was both expected and avoidable. |
| Posted by: Anguper Hupomosing9418 2011-12-09 14:19 |