John --

We are once again reaching a tipping point where our debt spending is catching up to us. The answer most often peddled for this problem of our excessive debt load is more spending. But the harsh reality eventually comes crashing down as our inflated currency and massive debt load becomes too much for our production.

We are seeing the signs that it will happen soon. With the massive inflation of the last decade, this bust cycle could be a rough one. But the "solutions" being suggested by our political functionaries, are all solutions for creditors to get more out of us, the consumers, and not solutions for us, the consumers, to reduce our debts.

But it is time for every Citizen to take stock of the failed policies that have put us in this position. It is time for Citizens to correct their public functionaries misunderstanding, or lack of understanding (or blatant lies to their own advantage), about economics, and get us back on solid ground. It is time for Citizens to think critically about their own individual/family position and prepare for the coming downturn. It may be wise to tighten our belts and consider securing assets against the coming downturn.

With the major shopping season ahead of us, very few politicians are going to suggest that we slow down our spending habits. They will instead tell you that you need to incur more debt to support our economy. They will try to sell you on new gimmicks that will help lenders and bury debt consumers. It is time for some serious introspection and critical thinking.

When Berkshire Hathaway is stockpiling cash so they can take advantage of the coming downturn, individuals should start checking their silver, gold, and savings.?

Whatever you do, do NOT depend on the politicians. Get yourself prepared.

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