I studied buisness for 5 years mainly studying finace, part of our corse was the economys of the world, now im comparison in 1970 the average was $1.58 to £1 in the 1980's average was $1.61 to £1 and now in 2005 the average was $1.80 to £1 and today its raised yet again to an average of $1.82 to £1.

At that increase it will be only another 1 to 20 years beofre america looses its grip and the economy starts to fail, its getting there now according to experts in tokyo london and new york.

a collapse may be closer and is in fact predicted for not that far in the future.

Deaf? What are you a machine? A computer? You can make calculations just like a monkey can fit the right key through the key-hole by trial and error, you want to predict the future of the global economy but you cannot understand the principles of a Democracy, which is a derivation of Liberalism and the free market, so yes you do need to wait for a crisis to happen otherwise your professor will discover you fooled him to get your BA grade.

"The worst alliance a leader can make is the one with the streets. Talking directly to the masses and with them agree to govern setting aside the institutions, it's the classical detour that led societies to despotism in several historical periods, from Ancient Rome to Nazi Germany."

"The proof of the Holy nature of the Church is its permanency in spite of the Priest's sins."

I could make a joke from this such as: Don't worry, we (me) will always give credit to you (you) and that's why you have to be careful. But it would be far too pretentious of me to put us in opposing poles, definitely not where thought is concerned.

En economic collapse? As in failing banks, falling commodity prices, rapidly devaluing currency, plummeting stock prices, a 25%+ unemployment rate and out of control interest rates? Probably not. I think you are talking about a mild to moderate recession.

Yes takheda that is what i mean, devaluing currency which later on can cause economical collapse.

One part of my course was to do this.

Analyse and evaluate the economic state of three countrys use past history and current day statistics and show how you come to your conclusion.
Then hypothisize those countrys future in 50 years time using the past data to show your findings and your prediction.

now i didnt do it on America but i done that on Germany Britian and Canada, and i found basicaly this

Britain was correct so far i predicted the economy would slump some what but then pick up again.

Germany was sort of correct i did predict that it would only slightly pick up, however it picked up faster than i though.

And canada i got wrong, and thats only due to the recent discoverys they have been making.

As for america i predict this;

America will be stable for at least another 60 years with ressesions but overly will be stable despite the fall in value of thier currency.
But should america keep going to war i also would say thier currentcy by 2020 will be around $2.00 to £1 which is atleast 20% higher than it is already.

But thats just a prediction its like the weather some times it is wrong

You're still talking about a recession, Kahpitain. Economic collapse is different.

a ressesion is a decline economic collapse is well total

ressesion includes currency

Does it? Gee whiz.

Sarcasm aside, the type of devaluation and super inflation infered in the term economic collapse will undoubtebly prove to be far from the case. I will say that it is highly unlikely that we will find the US to be a third world nation in 50 years, where stacks of worthless dollars will be needed to purchase a loaf of bread.

To TteFAboB, the lover of Democracy with a capital D - why don't you go to Iraq and support it, if you are so bloody righteous and believing. I wouldn't go because I think it's sad what the US is doing there, but if you are so fond of Democracy, and belive in the sainthood of the leaders claiming they are protecting it in Iraq - gotta go man... Otherwise all your speech is just that. :|\

Oh, and I don't get your qoutes too much, and the part about the joke which you didn't make is just not spot on anything. I say Europe is the one financing american debt (which is the truth), and you say ... ? I can't even figure it out!

BTW, please don't opine on finance if you get your business news from CNN moneyline or whatnot. Please.

Anyway, TFB, I don't really see what exactly is your point, you keep screaming something about democracy, few dubious qoutes, but not really looks like you have any view or any response to what has been said. I've seen a response like yours so many times that I get bored half way through reading it. Sorry. Same song, same denial about the truth.

Personally, I don't even think America can make it for another 60 years. Most of the American economy relies on cheap oil. As we get closer to the end of the world's oil supplies (predicted to be anywhere from 2031-2066), the American economy will become increasingly disrupted by the ever-increasing costs of energy. The only potential way to avoid this is for America to get its head out of its ::expletive:: and give up the gasoline-based internal combustion engine and fossil fuel based energy.

In my opinion, the most promising technology is the Generation IV nuclear reactor. Moderated by liquid lead instead of water, it has the advantages of producing Hydrogen (which can be reclaimed for use in fuel cells), and running at 1 ATM pressure instead of the 350 ATM typically used in today's water moderated Generation II and III reactors. When combined with breeder reactors which produce more fissile fuel than is used (currently outlawed in the US, unfortunately), we can stretch our supply of fission-able material from 60 to 500+ years. That should give us enough time to come up with a suitable alternative (i.e. fusion) before we run out of energy entirely.

P.S. 700th Post

NO WRONG STOP!

I NEVER SAID THAT AT ALL PERIOD.

what i said was the value of currency will go down now i dont think that in 50 years america will be 3rd world in fact i dont think that in 300 years america will be 3rd world but the currency wont be as strong.

I don't know, but I think Kapitan by collapse, means a default on debt.

No, Kapitain, you did say that. You said economic collapse, ie Germany in the 1920's, the United States in the early 1930's. That's what an economic collapse is, and that is what I have been trying to tell you. You mean recession.

What all of this boils down to is the question as to whether or not the dollar can maintain its near-universality. The answer, and here I agree with Kapitain, probably not.

That, I agree with. However, that is not what Kapitain said.

wall street journal, finacial times (both online), Bloomberg which all are dedicated stick and share news papers / programmes