[djmcmath]

In a recent thread, another Pelican said that he was cutting back in anticipation of a pending economic disaster.

A lot of people have been suggesting something bad will happen, but the predictions are generally vague, dour, and a little amorphous. Everyone seems to think that the current credit crunch housing crisis mortgage meltdown thing is liable to be a trigger, and that the oil speculation isn't helping any ... but what?

So here's the place for your predictions about a falling sky. Will the high price of oil shut down the US economy? Will the real estate market crash -- substantially more than it already has? Will the bursting of the oil speculation bubble trigger a crash? Will a major bank go bankrupt, causing a domino effect?


I'm interested in any of the predictions, especially if you can back up a prediction with some data.

Let the fun begin,
Dan