http://www.marketwatch.com/story/our-debt-time-bomb-is-ready-to-go-ka-boom-2010-02-02?pagenumber=2 Interesting Times.... The only thing most of us can do is prepare for the worst. The only question is the timeline.
Sorry but this subject has been around for the last 20 years. Many newsletter companies have made bank on that subject and they will for the next twenty years. I used to let that depress me. Don't fall for that. Just keep your own house in order and live a happy life. Don't fall for the dreary outlook. Think positive, keep your thinking investing hat on and make good decisions. keep your psychology positive!
positive psychology? How about not optimism or pessimism, but realism... Don't get positive or negative....Get Real...