I’m sorry to be posting more bad news here but we need to be aware and vigilant. I’m not an economist, but I don’t think anyone needs to be to see that something looks terribly wrong on the graphs on this page:

US Banking System Teetering on the Brink of Collapse

OK, blessed new age people, please don’t get freaked out because I’m discussing a negative here…but since I don’t believe in the Law of Attraction I don’t think talking about something is going to make it happen. Actually, I think sticking your head in the sand is more likely to make a bad thing happen.

So let’s talk about the American economy for a moment. I’ve been doing a lot of reading on the subject lately and quite a few people are predicting more than just a recession, but an actual depression, the likes of which we have never seen before. Why? Read more