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Is it about to hit the fan?

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Old 12-05-2011, 12:27 PM
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Default Is it about to hit the fan?

Europe is going down in flames, Syria is going crazy with it's impending civil war, Pakistan and Iran doing their thing, and there's always the Israel/Palestine thing.

I really don't see this ending good in any way, and the fact that the IMF will probably be helping Europe with it's 1-2 TRILLION dollar bail out. What's scary about that is the Fed can lend as much money to the IMF as it wants.
Old 12-05-2011, 12:35 PM
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Definatly not looking good
Old 12-05-2011, 12:48 PM
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It's not a matter of if but when. Hopefully it holds off til this summer so I can finish getting my financial ducks in a row.
Old 12-05-2011, 12:51 PM
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Who cares....we can solve problems in the middle east. any new flash lights or knifes to talk about today?
Old 12-05-2011, 12:56 PM
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We'd better be taking notes on Europe because what we're doing politically and financially, we're not too far behind them. As it turns out, a nation can't support itself when people only work 30 hours a week for 10 or 15 years then want a paycheck for the rest of their lives.

At any point in time, there are always things that are going on where people always think it's about to hit the fan. The present time is no different.

I think our economy is going to get worse before better. There's going to be some credit card debt problems and student loan/higher learning pricing issues that we'll have to deal with.
Old 12-05-2011, 01:26 PM
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The "inflation" of higher learning costs is going to bite a lot of people in the ***. Hell UT is raising its tuition AGAIN, for a full load in engineering will now cost 15k/yr and its not even a damn ivy league school. That's nuts to me.
Old 12-05-2011, 01:54 PM
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Whats nuts to me is thinking 10 years ago I lived easily on $200 a week, fast forward to today and I spend $200 per week on gas.
Old 12-05-2011, 02:00 PM
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nuts.
Old 12-05-2011, 02:32 PM
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Originally Posted by 1slow01Z71
The "inflation" of higher learning costs is going to bite a lot of people in the ***. Hell UT is raising its tuition AGAIN, for a full load in engineering will now cost 15k/yr and its not even a damn ivy league school. That's nuts to me.
If it were me, I'd limit student loans to those in science/math degrees, maybe let business majors be eligible for 50% of tuition costs in student loans, and make those planning on liberal arts/social science degrees have to foot their entire bill.

Or we could just cut out undergraduate student loans entirely and watch the price of higher learning fall rapidly but that'd probably take 10-15 years and it'd screw a lot of people out of tuition assistance that actually deserve it.
Old 12-05-2011, 07:06 PM
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Figure this goes along nicely with the conversation...

Seattle welfare recipient lives in million-dollar home | The Sideshow - Yahoo! News


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