From what I read, there's a recession on the way and it's going to be a doozy! A few highly-respected advisors are finally admitting we may already be in a recession, though many of the estalishment's Talking Heads are still denying the obvious. You can decide who to trust - it's your money!
Oil prices, of course, play a part in the tightening noose around the American consumer spending. There's also the credit crunch fueled by the uncertainty on the part of banks and investors how tainted some major players are with subprime loans. There's a housing meltdown, slow sales of Automobiles, and bad Christmas retail sales, too, so it doesn't look good.
Oh yes - I forgot to mention Inflation, Job Losses up, and the Decline of the Dollar!
I've placed some good videos on a page with some strategies I've found for dealing with very uncertain times in the past. Check it out, you won't find this kind of original thinking in the MSM: http://www.defending-your-retirement.com/recession_planning.html . Be sure to see my Retirement Plan B when you're there!
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