Posts Tagged economy

Normalcy Bias May Kill You!

The normalcy bias, unknown to most people, refers to the inclination for people to lessen the probability of possible threats or their dangerous repercussions. Consequently, the normalcy bias causes many people not to prepare for natural disasters, accidents, and world pandemics. In simple terms, it’s the ostrich effect; however, ostriches do not bury their heads […]

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Posted in: disasters

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U.S. Financial Future—Slowdown, Shutdown, or Shakedown!

The various bubbles—housing, stock market, banking, etc., will go pop, pop, pop, and pop! I have been part of the doom and gloom crowd concerning the economy for many years, but there is no way I could have seen what has happened. I never envisioned an invisible bug–the Chinese coronavirus–would add a new dimension to […]

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America is One Election From Socialism!

Americans were jubilant during the 1920s as the stock economy expanded quickly, more than doubling between 1920 and 1929. It seemed the stock market could not go down. Greedy, speculative Americans even borrowed money to purchase stocks. Everything was positive and people lost their perspective throwing concern, caution, and common sense to the wind. Eat, […]

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Posted in: economy, Politics

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Your Future: Economic Meltdown for Decades!

My predictions are not based on special revelation from God, just common sense and knowledge of public affairs. I also believe you can’t go wrong if you depend on sinful man being sinful man! My four-fold prediction for the next 12 months: (1) there will be major political battles in Congress that will bruise egos […]

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Major Disaster Requires God, Groceries, Gold, Guns, Garden!

I’m not certain that some rogue nation will explode an EMP device over the U.S. knocking out all electronics including automobiles, cell phones, air travel, radio and television stations, computers, etc., or that a natural solar storm will accomplish the same thing. Nor can I be sure that Muslim fanatics will detonate a dirty bomb […]

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Our Financial Future: Slowdown, Shutdown, or Shakedown?

Only a fool would publically predict what will happen in the near future regarding the U.S. economy; however, I suggest that we will have a slowdown, shutdown, or shakedown–maybe all three. We are already in the slowdown; however, I think it is also probable that the other two disasters are in store for all of […]

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Posted in: economy

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Where Do You Really Think America is Headed?

Every Wednesday I publish one of my earlier columns that I hope will be instructive, informative, inspiring, and maybe infuriating. The following column was first published in 2010: An old college friend asked me recently where I really think America is headed. I basically said that our nation is an out-of-control train running top speed […]

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Prepare for: Recession, Depression, or Panic?

Each Wednesday I publish one of my earlier columns that I hope will be informative, instructive, and sometime inspiring. At times, it is infuriating! The following column was published in 2008. It was a fantastic year when the stock market boomed and major U.S. companies made huge profits in domestic and foreign markets. New technology […]

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Buying Shares in the Titanic!

Each Wednesday I post one of my old columns that I think will be interesting and informative if not inspiring to my readers. Today’s column was published in 2007:   DUMPies are Destitute Unprepared Mature People who had “confidence in the system” and who were “sure everything will work out all right.” However, their faith […]

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What Will You Do When Financial Chaos Happens? Part I

Each Wednesday I post one of my old columns that I think will be interesting, informative, even inspirational. Today I am posting a 2005 column dealing with the economy: While I am not a pessimist, I do believe you should prepare for very difficult days ahead. If you are planning on Social Security or even […]

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