Generally, I only post original content on this site (aside from the newswire), but I found a great, short post on Chrismartensen.com that I just had to share.
In my original posts about the state of the U.S. economy, I presented a bunch of numbers and some informative charts, and did my best to explain how it all ties together to paint a grim but accurate picture of our economy. I think the explanations were fairly clear, but the articles were pretty long and they involved some very big numbers, so it’s easy to get lost in the weeds. All humans have trouble comprehending large numbers, like the billions and trillions that comprise our economy.
Which is why I really love this article, “How to Explain the Current Economic Situation to Friends and Family.” The article translates the huge numbers of our economy into numbers that we can all relate to. Please take two minutes to read it and see for yourself. And pass it on to friends and family.
If that article helps put things in perspective and gives you a new sense of urgency, perhaps re-read my original paper and follow-up paper which shed some insight on how things may continue to unfold and how you can protect yourself. The economy is getting worse by the minute and the recent uprisings in the Middle East and the calamity in Japan, the worlds third largest economy, are accelerating the collapse.