” threatening to push the US economy into a recession, “
For everybody outside of the Government/Financial axis, we’re already in a recession—
The word the author’s carefully avoiding (or is terrified to even think) is collapse...
If you haven’t already I urge you to start getting prepared now. I truely believe that time is growing short very short.
IMHO we will see within the next six months (Unkle Ike thinks I am being overly optimistic with that six-month timeline and from the look of this post he might be right!) a economic collapse much like that of Argentina’s:
http://www.youtube.com/watch?v=rH6_i8zuffs
For more information on live in a collapse economy I strongly suggest that you read Ferfal’s blog SURVIVING IN ARGENTINA: http://ferfal.blogspot.com
And remember as a armed society and one which contains a much more violent crimial and entitlement minded element our collapse is much more likely to be very violent than Argentina’s was/is. I see places big ‘blue’ cities mostly were what I call “Pocket pogroms” and you better be ready to get out and quick!
For those who would like to get started preparing I have updated my Preparedness Manual and added the following sections:
19. A Highly-Mobility 72 Hour Kit-by Ward Dorrity
55. Step by Step Earthbag Construction-by Dr. Owen Geiger
Thanks to eaker it can be down loaded at:
http://www.tomeaker.com/kart/preparedness1i.pdf
Yes it has skipped right over DEPRESSION right to collapse.
But the jet setter Obama’s and all of the congress and senate don’t care how much petro is. Obama lives like a king with servants he does not pay the piggly wiggly bill,we do.