People who are too self-absorbed to notice - this is it! Your grand-father has lived through it so you shall. I have an old friend who has lived through the depression I as well as the WWII in Europe. He 79 and a self-employed plumer and metal sculptor. He is poor (get's social security) and still has to work for a living. He told me this; he - as poor as he is, he still HAS EVRYTHING. A VCR, TV, 2 phones, car etc etc. This is the same for the general US. When the multi's start squeezing us we just don't buy any more goods. The official BS of percentage of application for unemployment benefits is a statistical lie. The jobs are not created and there are exported to the lowest bidder meanwhile bleeding off the domestic tax base plus the US Treasury. The US is saturated and consumer confidence is bad (no matter the sad/pathetic economist trying to say otherwise) It is a vicious circle and if you are employed or a small business you have a true reason to be paranoid - you are next! The next big one hitting the US may come next year surely will put us over the brink and by than the dollar will likely be worth 30-40% less. The giant snake started to eat it's own tail... It is only matter of time when it chokes. When the dust settles we shall have a new world order albeit a little different as the neo-con politico's predict.. Futures traders however can profit from knowing what is coming. Short the dollar, gold is a buy, so is crude oil, eventually bonds will come around and rates will go up, and up....most hard assets are a buy. When things will unfold as I suspect the stock market will sell off. As we surely have negative growth after the generous tax giveaway wares off we shall have some political ramifications i.e. change in US social policies. As inflation and hard asset inflation pressures will elevate the treasury bond yields so will corporate bankrupcies elevate the corporate bond yields. This undoubtedly means the end of the real estate bubble in California. Rates are everything to construction and real estate market. My futures trend predictor so far has worked well. Knowing the macro economics and picking on trends early can make you wealthy enough not to care about my predictions.