11-03-2009, 05:18 AM
I think we all have very tough times ahead of us. No one knows how this will play out and I think things are far more fluid and subject to very rapid change than in most times in history. People like Hudson, who I respect a lot, don't look too far into the future, but predicts a rather immediate -15 to -20% decline in living standard [on average] - obviously for the poor and lower middle class that is likely lethal....more so if one is to be one of the predicted 25% to 30% unemployed - and with little to NO social safety net - again lethal for many. That's the 'sunny side'. The darker side contains social unrest on mass scale and reaction to it [repression, not help] from the government. Let's hope society wakes up and does a one hundred eighty. If not, I hate to think of what could happen. One good thing - I think this will open the eyes of many who have not been paying 'attention'. I hope not too late! My own take is it is VERY late in 'the game', but a save play is still JUST possible!