Re: World Economic Meltdown: How To Survive
Theo -- good articles, especially the advice portion. The people of the USA are now the proud owners (through our government) of shares of GM (government motors?), which is slipping over the edge of bankruptcy and about to default on its bondholders. Would you take an offer of shares in a company that is going belly-up in place of the corporate bonds you bought in good faith? Neither would I.
We are all facing an economic squeeze in every way possible. Food banks are running out of food to supply empty pantries because people who had contributed to them are now coming to them for help. (Glad I bought that freezer!) Animal shelters are overloaded with pets that families can no longer support. It's either getting down to the wire, or already there, for a lot of people.
This is an edited quote from MMA Cycles weekly preview:
Next Friday, June 5, the transiting Sun starts its translation of a T-square to both Saturn and Uranus, lasting through June 17. This brings up the principles of the Saturn-Uranus oppostion, which is a long-term 45-year cycle associated with financial collapse and crisis, which started in September 2008 and continues to plague all of us. It is likely to continue to impede any real recovery until well into 2010, when Jupiter and Mars will both translate the Saturn-Uranus opposition, July to August 2010.
There is more on the MMA Cycles website, and the weekly preview is free online. My reaction to the current report is "buckle your seatbelts, it's gonna be a bumpy ride." (Was that a line Bette Davis spoke?)