n. WTSHTF: Economy in the sewer - or is it WTSHTF time?

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Friday, March 16, 2012

Economy in the sewer - or is it WTSHTF time?

The national news is reporting that everything is fine, but there are still dummies out there wasting money on the 2012 scare, an asteroid strike, EMP, or some other crazy end-of-the-world scenario.
Meanwhile, to the best of my knowledge no one has figured out what to do with the crushing debt we owe.  The Fed is still pouring money into the economy and Greece has defaulted, but that’s being downplayed now.  Everybody knew it was going to happen and when it did it’s more of an anticlimax than anything.  Of course there are countries lined up waiting for the Greek domino to hit them, but that’s not being discussed much either.
Fuel prices continue to climb, China’s economy seems to be slowing it’s red hot growth spurt, and the price of groceries seems to rise every week, but the future is looking brighter?
Is it just me or is there a big disconnect here?

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