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The news has been quiet concerning any type of depression.

European countries have been trying to work through their economic problems.

The Mid-East has been at peace.

The price of gold has been dropping.

The United States Government been working it's way through the fiscal woes.

The stock market closed above 15,000 and is just short of the all time high.

Sounds good doesn't it?

NOT SO FAST!!!

European countries have resolved none of their economic woe and are still teetering on the edge of bankruptsy.

Great Britain is even considering withdrawing from the European Market.

Instability in Syria continues. Riots in Egypt and the attack on an Algerian natural gas facility have caused gasoline prices to shoot up 30 cents in the past three weeks.

In the United States, the 1% increase in payroll taxes on wage earners is just now beginning to be felt. Come the First of February when Christmas bills, home heating bills, rent, and car payments come due, there will be a slow down in the economy.

The US Congress passed a bill to raise the debt level which is only good for 3 months.

Watch closely for the signs of a depression!

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The higher it rises, the harder it will fall.

The stock market is up at 13,000 now. While up and down, it mostly is tending to rise.

This is caused by several reasons.

One reason is the settlement of the European debt problem. Several of the European countries with debt problems passed budgets to bring their spending in line. This solves the problem of immediate bankruptcy, but does nothing to fix the deep recession, high unemployment rates, or poverty that exists in these countries.

One reason is the price of gasoline is moderating. Semi-stability in the Mid-East and a slowdown in the Chinese economy helps with the problem. There is no way to judge what effect the economies of India, Turkey, Pakistan, Mexico, and Brazil will have upon the price of gasoline.

Most financial experts recognize that a market crash is inevitable. It is just a matter of when and how far.

It is just a matter of time until the recession problem catches up with one of the European nations with debt problems. When the first one declares bankruptcy, the rest will follow. This will account for a thousand point drop in the market.

It is just a matter of time until the economies of China, India, Pakistan, Mexico, and Brazil all improve to a high level. This will cause a surge in the price of gasoline. American consumers will cut back on spending to shoulder the price of gasoline. This will account for a thousand point drop in the market.

The Boomer generation is heavily invested in the stock market. Presently at a retirement age, this generation has no place to which they can switch their investment to draw interest. When the market nose dives, the Boomer generation will withdraw from the market to maintain their equity. This will account for a thousand point drop in the market.

There are at least a hundred other factors which can cause a thousand point drop in the market, or indeed, can trigger a crash.

Be prepared.

Depression is coming!

Nero watched as Rome burned.  European countries are watching as Athens burns, and wonding if they will be next.

According to Reuters, Greece has been in a recession for the last four years, and things do not look any better for the upcoming year.  The Greek economy shrank 6.8 percent in 2011,  unemployment is at 19% and poverty at 20%.

If this is not a depression, then what is?