Posted on 08/30/2009 6:59:05 AM PDT by Kartographer
It's twilight in Peter Schiff's America, and, if painful and drastic changes aren't made soon, he foresees an economic depression lasting at least a decade. The future, as envisioned by Schiff, will be marked by rampant inflation — a gallon of gas could cost $10 — food shortages and rolling blackouts, unless government sharply shrinks and the free market is allowed to flourish.
(Excerpt) Read more at youtube.com ...
Yes I like the idea of Green Shoots.
Energy will be the demand of the next depression. We’ve allowed ourselves to be sidelined on making more. I’m taking steps right now to ensure myself and my loved ones don’t have that concern.
What steps might those be?
Diversifying fuel dependencies. Making sure that in the case of skyrocketing fuel costs they have the ability to maintain a steady supply of fuel and staple items for a short to medium period.
What kills things during a depression is when people freak out because of scarcity and prices skyrocket and availability plummet. Having resources on hand will allow those moments to pass without massive cash outlays for minor but essential items.
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