Economic doomsaying/hoping

The economy is doing better, it seems. This maybe due to Obama, this may be due to natural business cycles. But Freepers cannot abide by anything going well under Obama's watch, and look carefully for signs of a secret gathering economic crash. In this case, a bad quarterly report from Caterpillar spawns declarations that at last Obama's destruction of America will be manifest.

immadashell thinks the lack of a coverup of this company's earnings is very significant:

Evidently, even loyal bureaucrats can no longer stomach Soetoro economic fantasies. Sooner or later the truth forces itself to the surface. Expect to see more backtracking between now and the next election.

SVTCobra03 thinks a less than 1% drop in the "DOW" means it's time for emergency measures

The DOW is now down 387. At what point do they suspend trading? Gold and silver are trending upward.

edpc crows that Obama's totally wrong about things looking better:

But.....but.....the Era of Crisis is over. Bammy said so last week.

RinaseaofDs has another important indicator:

Acceleration in the decline in copper is not good.

Negative interest rates on bank deposits isn’t good news either.

Iron Munro also finds a specific company doing badly means we're all gonna die.

Not to mention the humongous IBM layoffs and other employee reductions already announced to take effect almost immediately.

grania isn't sure what will cause the crash, but it'll happen:

How much damage is being done to the US and EURO economies because of the sanctions on Russia? How much because of the instability caused by low gasoline prices?

There's no sense trying to predict when the global mess will collapse under its own weight. The more finagling goes on, the worse that collapse is going to be.

Riflema is one of many discussing deflation.

To most of us born in the last 70 years, we’re entering the Twilight Zone in economic terms. Deflation. Sounds good, but outside of the Pats, it is going to screw us all.

But I thought QE was gonna do hyperinflation?

justa-hairyape - the fallout will be extensive.

We are already in a world financial war. The fallout will be extensive. Basically every nation for themselves. Just ask the Saud’s and the Greeks.

Freepers' will be proven right, even if it will destroy America.