For a long time, I have preached doom & gloom on the economy. Staying away from economic and political books during Lent, I began to think “Maybe things aren’t as bad as I believed. Maybe there won’t be a crash. Maybe, we will just face a lost decade or quarter-century, like Japan.” Maybe. But when I orient myself again with the facts of insurmountable debt, the historical record of fiat currency, and the sociopathy of our political leaders, I begin to realize again that our economy is not as stable as most of us pretend. There is always a risk in being wrong about the future, especially when your views are so drastically different from the people speaking the loudest. I don’t think it makes me a pessimist, or crazy, to believe that our economic system and culture are on the edge of something dangerous. But no one wants to hear that the only rebellion left is back to tradition…
If you have 8 minutes today to waste on the internet, please spend it watching this presentation on my crazy beliefs. This is Chris Martenson’s Crash Course in an even more condensed version.
Need more facts? Here is a good review of our present situation.
I am getting real tired of waiting for the doom to happen…how long do we wait? We have heard this since Obummer took office – the first stimulus – the debt getting worse all along, employment stuck, more on govt program then ever, more entitlements, etc… the treasuries (inflation) were supposed to go nuts by now…hmmm. How long do we ride this train of doom, or, is The Bernak right? Will there be a soft landing ahead? If there is not a big crash the GOP is finished
Hey, my timeline was 2020! You have 7 more years until you can call me a complete crank.