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Layout by CoolChaserAllot of people have this misconception that the US will not see a depression like we saw in the 1930s and i agree. The fact is we will see a greater Depression than that of the 1930s and the recession of the 1970s. In the 1930s we were a manufacturing based economy. Also our currency was backed by gold and we had much more of a free market economy. Since money no longer backs gold how do you regulate how much of it is printed by the federal reserve you cant. Our credit consumer economy has now built this credit bubble that will bust some time in 2009. This bailout intervention is just blowing smoke and air under this crashing plane with now wings. I predict our federal government will use Force Majeure this is the clause that excuses a party from liability if some unforeseen event beyond the control of that party prevents it from performing it's obligations under the contract. This card will be played when the US can no longer afford to pay the interest on our total debt owed. This will make the US currency worthless once this is done full collapse.