What is more likely happening is a repeat of the Great Depression. We might have up to a year or so of an economy growing just slightly above stagnation, followed by a drop in growth worse than anything we have seen in the past two years. As the housing market fails to return to any sense of normalcy, commercial real estate begins to collapse and manufacturers produce goods that cannot be purchased by debt-strapped consumers, the economy will falter. That will go on until we come to our senses and end this wasteful government spending.
If you are a prepper, Keep on prepping. If not, you should start. And if you are a zombie, well, when you start getting hungry, don't come looking for those that thought about something other than the newest video game or latest fashion. We will be strong from lack of hunger and we will be well armed. 9and probably more than a little unsympathetic. )
Addendum: Heard the local and state races tended to be RED yesterday. I think the Socialist agenda of the Whitehouse is starting to backfire on them. Still not good enough in my opinion but then I am only one person out here in the wilds of Urban America.
My plans to go Galt are still strong(though morphing somewhat due to finances) Simplifying my life is the ultimate goal.
1 comment:
Ron Paul had a good article in Forbes this week along the same lines.
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