[jimjamuser]

Originally Posted by Pairadocs

You're correct, everyday more financial analysts and economists are going over to the "dark side" (recession). Not looking good, many looking for financial "shelter"; however, noticed gold is NOT shooting up in an explosive manner ! ? In MHO, Yellen is certainly NOT helping the situation ! In a broader sense, I am more concerned about the loss of faith in so many established entities AT ONCE; loss of faith in CDC, lack of faith in our ability to protect our own borders, lack of faith in our medical community's medicines and treatments, lack of faith in law enforcement, in the goal of our military, in the FBI, and most recently now NTSA, in the governments ability to determine the safety of water, food, air ( meat inspections in packing plants, minors used as labor, etc.). Not that such things have come up in the past, what concerns me is the "collective" loss of faith AT ONCE in so many established institutions.. you can even add another to that, our system of public schools. Loss of faith is (probably) the most important factor in the deterioration of a society... (China, opium wars, North Korea, Rome, Viet Nam, Cuba, etc. all these seemingly unrelated collapses... take a DEEP dive and they can all be traced to a lack of faith in those institutions holding the society together !

Public schools are being systematically torn apart. America had a good public school system in the 1950s and 60s. Notice that is WHEN America had a REAL middle class. You can't have a STRONG America without a STRONG middle class. And you can't have a STRONG middle class without a STRONG Public School System and a tax system to support Public School excellence !