Though I like to consider myself a "realist" (who has been right with many calls), lots of folks tend to label me a "doom and gloomer".
Yes, I feel our global economy is destined for significant change as the tectonic financial turmoil wreaks havoc on the world's financial systems, and I also feel the US will likely bear the brunt of this economic calamity.
The Fed's bailout/intervention and easy money policies will eventually lead to a failure in the world's reserve currency (US Dollar) and ultimately the massive inflation wave caused by these policies (and currency failure) will cause our American standard of living to fall precipitously - while our global position of dominance is lost. Timeline for this to take place: unknown, but not too far off.
Anyway, I'm starting to get off track here... My point is: I agree that my viewpoint (expecially to those unfamiliar/ignorant to these topics) is overwhelmingly negative, but I'm merely relaying the indicators that I see from reading my tea-leaves - and thus far, they have been pretty accurate.
With that said, I read quite a bit and constantly run across articles and authors who are much more "doom and gloom" than I (at least from my perspective).
A prime "doom & gloom" theme that I've run across as of late, and would like to get your thoughts on, is:
By November 08 we will experience a full-blown economic crisis, and a state of emergency (martial law) will likely have to be declared, elections suspended, and democracy as we know it replaced by something far different...
What are your thoughts on this issue? I'd really like to hear them... Do you think things could actually get this bad this quickly? Possibly a preordained/orchestrated political agenda - to keep a hold on power?
Let's hear what you're thinking - please don't sugar coat, but try to refrain from the religious bashing thing (it's counterproductive).
Looking forward to reading your comments.