Reply #6: I think it'll get worse though

[Juche]

That isn't to say we won't pull through it and be better in the end, but its just the beginning.

Another housing collapse coming in 2010-2011.

The economy won't really be decent until early next decade

We are facing a natural resource crunch. Peak oil is going to hit

Problems with the environment will get worse.

Our debt (consumer, national, trade) has serious problems.


So yeah, we are in decline. But I think in the long run we will solve these problems and be better off because of it. The period of 1914-1945 was terrible (two major wars and a depression taking up 19 of those 31 years). But the world got through it.