Going to my high school reunion in a month. I’m lucky I get to go to my 30th, that I’m still alive, and that I was able to live in such a great country for MOST of my life, while it lasted.
And I guess I’ll admit — I’m living it up a bit ...because I know hard times are coming — and I know that the good memories I’ll be making might be all that sustain me in the dreary future ahead.
It’s sad that our young people won’t have the America we had. But I still have hope that people will vote more intelligently, especially with the help of the Tea Party.
Fiat Currency Economic Death Spiral Has Been Triggered
"Sixty percent of disposable income in Asia, according to the Asian Development Bank (ADB) in a major report entitled: Global Food & Price Inflation & Developing Asia, is spent on food. Food is presently expected to average 10 percent inflation in 2011. This has created tremendous pressures on the population and potential social unrest for Asian governments. "
The last I read, our (US) average percent of income spent on food was 9%. Most recently I saw that our food and energy costs combined were 23% of our income.
I can't imagine spending 60% of my income just to eat.