Worse To Come In 2010

I hope everyone has a wonderful New Year and a great 2010!

However, let me temper this wish with a warning–  bad (economic) mojo is coming.  The propaganda news channels (CNN, Fox,…) and the US government are all talking about a “mild recovery” for 2010.  Obama is still peddling “Hope”.

All of which should send up immediate warning flags, given the dreadful track record of these people in predicting this economic crisis in the first place  (indeed, Obama’s team (Clinton re-treads) are in large part responsible for what happened and what’s to come).

People with much better track records, including Michael Smorch, Gerald Celente, David Morgan, Robert Kiyosaki….  are sounding alarms totally contrary to what the government and mainstream media are telling us.  These folks, who accurately predicted this crisis many months (in some cases years) before it hit, are predicting an equal or bigger crash in 2010.

To use Celente’s words, “The Greatest Depression” is still on it’s way, and 2010 is likely the year it hits full force.

So, now is not the time to be rushing into the stock market, or blowing money, or buying stuff in general.   Now is a time to save save save,  cut your spending as much as possible, and live as simply as possible.

I don’t advocate fear or panic…    just a calm and very cautious approach.   Ignore the idiots on TV and ignore the Obama PR hype machine–   most likely, worse is yet to come.

The good news for Hobopoets–  as adherents to simple living, we are already ready for lean times and in fact, our lifestyle is unlikely to change much.

The mainstream public, however, is in for one hell of a shock.

So….  continue living simply, continue focusing on what matters most, and continue to “let all that does not matter truly slide” (to quote Fight Club).

Have a great 2010!!

–Skald/AJ