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Post by leeann on Feb 25, 2009 17:07:23 GMT -6
Yes, you know him as Glenn Beck. He had a guest on his show today, Walter Zimmerman, who said we are in a depression. He cited the Real Estate Meltdown, the Commodity Meltdown, the Credit Meltdown and the confluence of these events as a once in a generation occurance but this time worse than the Great Depression. He predicts 15 - 20% unemployment and does not forsee the beginning of a recovery until 2012. You all know how much I love Glenn........he's the only one out there in the media telling us the truth. Buy you're tinfoil, and bury you're ammo,
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Post by Muffie on Feb 25, 2009 19:45:54 GMT -6
I couldn't agree more Leeann, we are past prepping now is the time to batten down the hatches and ride out the storm. It is not going to get better anytime soon. GB was saying 2014 for his "what could be" but I think by then we will be turning around. Even the Great One's approval rating is dropping.
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Post by leeann on Feb 26, 2009 9:07:26 GMT -6
Sad but true, time to batten down the hatches.
As for the ratings, not going down fast enough.
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Post by Michelle on Feb 26, 2009 18:41:13 GMT -6
Well I hope either one of those is right. 2012 would obviously be better but even 2014 would make me happy. I just hope it turns around at all. I'm not through prepping yet. I'm still trying to do all that I can right now to fill in some major gaps. Once that's done I'll be battening down the hatches here. I just hope I can fill these large gaps before we fall through them.
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