Get ready for it: Another economic collapse is coming.

[sendero]

33. What you are saying is.

... that if we acknowledge reality that we are contributing to the problem.

Sorry, I don't think that way.

I've been here sounding the alarm since around 2005. I've caught a lot of crap for doing it but I have been more or less correct. And I am more or less correct now.

You can worry that if people figure out what is really happening that will make it worse - that is a viewpoint. But MY viewpoint is that if you know what is happening you might be able to take steps to mitigate the pain. I'm concerned about people who are here, Democrats, who generally care about economic justice. I don't care about Republican status-seeker dipshits who bought tract mansions and giant SUVs on credit and and are now screwed. I'm funny that way.

All of the wishing in the world is not going to fix this and the "people working on it" are not helping, they are hurting because they are only interested in saving the bankers, not the average American. The average American is on his own. And more and more of them are figuring that out and outright lies about what inflation and unemployment really are is not going to work much longer.

Yes there is a tiny uptick in manufacturing. There is a tiny uptick in employment. Seize on them and convince yourself we've "turned the corner" like we supposedly have several times in the last 4 years. With Europe hanging by a thread, our currency debasement raising the cost of oil and even China in trouble, it would take more than a miracle for anything like a traditional recovery to happen. Miracles do happen, but I'm not betting on one, I'm preparing for the most likely eventuality. And I implore everyone else here to do the same.