The Scariest Balance Sheet of All
This article pretty much sums up my holistic position on where the U.S. economy is heading, how bailouts and stimuli will only make matters worse, what it all means for the USD, and my resulting stance on gold. I hope you enjoy it, and welcome your thoughts and responses as always. The USD is on life support, and the world stands with its finger on the switch ready to turn the machine off. Never in this country's history, in my opinion, have we faced challenges of this magnitude, and I urge Fools to consider the ramifications of a worldwide currency event that involves the termination of USD's role as reserve currency of the world. Nothing less appears to be baked into this burnt Apple Pie.
In this context, let us not forget what is important to us: life, liberty, and the pursuit of happiness. We're going to need to work together as families, communities, states, and as a nation to see our way through this, and I for one feel very fortunate to be a part of such a great community of bloggers here. Prepare, be aware, don't forget to care.
Thank you for reading my article, and for sharing your thoughts here.