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Originally Posted by POWERJIM
It does seem like WW3 will be fought in the boardrooms rather than on a battlefield doesnt it, interesting point mate. On a side note do you think America is heading towards another Great Depression?
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Not yet. This is just a normal business cycle with a few hiccups thrown in. Bush Sr. had poor economic data which aided in Clinton's election. Before that, Carter had a bad economy and the Iranian Hostages which aided Reagan. Seems about an 8 - 10 year cycle. Pretty normal according to my best friend who is a PHD in Economics. 7 years ago it was all the accounting scandals like Enron that caused havoc. Then 9/11. Now, the housing market. Markets will shake themselves out eventually.
My biggest worry is the amount of foreign debt ownership. China owns most of our dept but they are losing their shirts by investing in the U.S. right now. If they pull out it could cause some big time discomfort. I doubt we will hit the levels of the 1930's though.
Virus:
I agree that it will probably some sort of dirty bomb use that tips the balance. I seriously doubt (maybe shoul use the word HOPE) that the U.S. and the other Nuclear Nations remember the WWII pictures of the victims from Hiroshima and Nagasaki! Those images should be a deterant for most Nations. Terrorists on the other hand could care less.