My Future (and yours) continued

Oh, right, I was talking about the economy. Here's the scoops, folks. Following the crash of the mortgage (and credit industries), there is 800+ billion in unsecured credit card debt, much of which is going to come down on our heads. When a bank forecloses on a subprime mortgage, the bank get's back say 70% of it's value by reselling the house, when a credit card goes down, there's usually nothing to repo, got that? In addition, boats, cars and home equity loans are going down, in addition, the price of oil is going to just keep climbing increasing the costs of everything, literally. On top of that we've blown what's probably going to amount to a couple trillion chasing after the last drops of oil already in Iraq. That's all debt as well. How do you think that's going to get paid off? This will lead to all sorts of chaos. When people can't feed their kids or get them seen by a doctor here in 'Merica (thank you, George) they're going to get pissed off. Then what's going to happen? It looks grim to me. Glad to hear if someone sees this all differently.

Anyway, what we're up to is ensuring that we can eat regardless of what comes down and that we have an area that we can defend if need be from people who have gone berserk, if necessary.

Bottom line, is I am planning for a long and healthy life, but am also prepared if things go the other way for me. More on that coming up.