Disaster Plan

"Does your family have an economic disaster plan? If not, why not? By now, most people know that very hard economic times are coming. No, America is not going to turn into a post-apocalyptic war zone where motorcycle gangs ravage the populace next week, but the truth is that it doesn't take a genius to understand that the U.S. economic system (and indeed the entire world economic system) is in the process of dying. For decades we have lived far beyond our means by borrowing insane amounts of money, but the party is ending and now many of us are going to get to experience what it means to live below our means. The golden days of the U.S. economic machine are gone, and now we are moving into a time when we are going to reap the fruit of the incredibly foolish economic policies of the past hundred years. Meanwhile, the two major political parties will continue to play the American people against each other. The Democrats will insist that everything will be great if we just give them control. The Republicans will insist that everything will be great if we just give them control. But the truth is that both political parties have had numerous chances over the past 50 years, and each of them have blown them badly. Both parties have had a hand in piling up the biggest mountain of debt in the history of the world, both parties have been complicit in shipping our jobs and our factories off to China and to dozens of third world nations, both parties have dramatically expanded the size of government and the welfare state when they were in control, and both parties have continually handed more power to the big banks and to the Federal Reserve. We built an entire economy based on paper money and a gigantic spiral of debt and now the wheels are starting to come off and people are starting to panic. We are truly going to pay the price for decades of foolish decisions..."