With all of the runaway government spending and borrowing and the Fed wrecklessly pumping money into the financial system, many seem to think that we may soon find our currency devalued or we default on our debt, or both. But what would that mean to the average citizen? History is often the best guide, and [...]
I posted back in October some thoughts on preparing for a major economic downturn and argued that frugal living was an excellent defense against the hard times that are to come. Well, I happened upon another list of preparations to make for an economic depression that are a little bit more detailed. Suggestions are given [...]