Economic Concerns: Are We Seeing the Decline of A Once Great Nation?

SEE HERE There always seem to be two kinds of folks, the doomsdayers for whom the end of the world is right around the corner, and the pollyannas who find something to be cheerful about in anything. This is a little piece from the doomsdayers. You should read it just to be informed. There are a lot of economic concerns that we should address. Many of these concerns are driven by out of control government spending and on the consumer side, excessive consumer credit. We could all use a dose of reality when it comes to spending money we don't have. The signal that the party is over will probably be a sudden and substantial rise in prices. The leaders will all then moan about greedy corporations and what not, but the reality is that the currency will have finally been debased to the point of excessive inflation and maybe even hyperinflation. That's a pretty stern wake-up call. We should start patching the boat before it sinks, not while it is sinking.