Greg A said...
You are very mistaken if you are referring to the US economy "improving" in 2011. I recently read your book and found many good suggestions; however I had already taken all of those precautions and more. 99% of people here in the US are TOTALLY unprepared for what is coming in the next couple of years. I am a CPA/ Economist by Profession and I wonder as to what your reasoning is for your projection of an "improving" economy in 2011.
Hi Greg, sounds like you have things sorted out. You already have taken all the precautions I mention and more. A couple years worth of food, other gear and supplies, firearms and weapons training, hand to hand fighting training and physical conditioning. A hardened and defendable home, financial security and alternative plan b and c in other countries. If you don't mind me asking, what other precautions did you take (when you say "and more)?
I prefer to be rather cautious regarding how bad things will get. You usually end up sounding like a fool when you predict terrible events every year and your prophecies dont become true. Even if they do to some degree, if you spent your entire life crying out like Chicken Little, even when things do happen, you didn't predict anything, it was just bad things happening sooner or later.
It's simply impossible to predict with accuracy such events, you can only see if things will be better or worse, the general trend.
Yes, 2010 will be bad, but how bad it will get is impossible to tell, too many variables.
Why do I believe 2011 may start to look better? First, its USA, not some pathetic collapsed nation. After another year of unemployment things may change.
Second, other European counties are just now getting fully into the crisis, a process that started already in USA last year. Therefore, the recovery of USA will be sooner than the one of many EU countries.
3rd, the housing prices wont go down much more. After next year prices will level themselves and maybe by 2011 maybe will even start going up a little bit due to the speculative market that took advantage of the low prices, plus the people that found real estate to be a way to protect money from inflation.
Maybe 2011 wont be the inflection point and it will take until Obama leaves, that's another possiblity depending on how bad Obama messes things up, but again, I prefer to keep a positive attitude.