Technology king AMAT (Applied Materials) is shedding thousand of jobs.
With the bond insurers circling down the drain, the banks will be soon to follow. Already insitutions are forbiding large withdrawals of you own money. Ever try to put 2K in the bank lately--reports to homeland security and the IRS... Its getting really weird out there.
Regarding inflation. Have you noticed that the box of ceral you buy in the store is the same size, but two to three ounces less product for the same price? A ten pound bag of Kingsford Charcoal is now an eight pound bag...things like that.
I'm not financially ready, buy have my own well and five areas and some seed stock saved..we'll see what happens...