I just don’t think there is a soft landing. Except for the Nomenklatura in the DC and Wall Street junta. I think it behooves the regular guy to have his debt paid off, and have a little piece of property and other preparations for a couple of rough years… until whatever the new financial system is going to be takes shape.
I see the dollar crashing and a new state currency, or a consortium of states coming up with a new currency.
Maybe we should join the Euro since our currency is now about par! Just kidding.