And Now It’s Time To Pay The Piper
January 18th, 2008I’ve been warning about the coming economic problems in the US for a few months now, maybe not as much as I should have but then again I’ve been trying to protect my own family against the coming shit storm so maybe I’ve been a little lax in my warnings. You can’t blame me for taking more time than normal to try and save my friends and family though!
So here we are, I’ve been saying for close to 4 months that the federal government would hold off as much bad news as possible until after the Christmas shopping season and by god I was right! The reason they had to hold off all the bad news is that the US economy has been “stroking along” for the past several years based on the retail consumption of US citizens! The latest information shows that 70% of the US economy is based on shopping, not manufacturing, not exports, not anything that would show a healthy economic sensibility! It’s ALL been based on you and I whipping out the old credit card and saying charge it!