After the initial shock of the fall of 2008, the economic gloom and doomers have been going all out with predictions of Gold at 5,000 dollars an ounce, food riots, hyper inflation, civil war, mass unemployment as bad or as worse as in the 1930's. Its now May of 2010, and I'm wondering when we are going to see some more evidence of this happening. I'm certainly not arguing that the economy if recovering very much, and we clearly have very troubling unemployment and federal debt issues, but in terms of full bore, Argentina or Weimar Republic style economic turmoil, I'm just not seeing it happening.
My sole doom was taking $200.00 out of the bank in case the system collapsed for a few day.
