Some perspective to the Great Recession

[Eagle1]

We have not seen the worst of this yet. Our dollar has beeen devalued. A couple of weeks ago the Canadian Dollar was equal to ours, Russia, China, India, and the Middle Eastern countries are discussing shelving the dollar in preference to a new international currency. Simply put some people are ready to pronounce the dollar as dead.

Gerald Celente, well known economist , predicts riots over taxes, food shortages and the like.

The possibility of rioting over taxes is highly credible given the anger over high taxes by a government that is a world class non performer. In California our state income taxes have just been raised another 10%. This after people have gone to Sacramento in protest of taxes and two million Americans went to Washington DC over the same issue.

After all the non violent methods of addressing a government that will not listen are exhausted then what ?

If the economy worsens with higher unemployment, food and gasoline prices rising there is sure to be a big one in the former golden state.

Don't expect Meg "keep the illegal aliens here because we can't dport them" Whitman to be of any real value here.

Hunker down and get ready.