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"BUT THEY'RE WORSE OFF THAN WE ARE!"
Will Reishman and I were talking this morning about how Europe's big money problems will likely lead to the "appearance" of a rising market and healthy economy here in the U.S. for the next year or two, because that money is hot, and leaving those markets, and coming here in search of returns. That, along with Ben Bernanke's "Put" with Q.E. to infinity, just about guarantee some appearance of prosperity. It doesn't change the underlying sickness of debt infecting the system, but could buy we here in the U.S. some time.
So things here, in some sectors at least, are looking better. What happens if, God forbid, it were to ever not be so good? A couple of articles you can read, excerpted and linked below, are good "teachable moments".
One year in Hell…
I am from Bosnia. You know, between 1992 and 1995, it was hell. For one year, I lived and survived in a city with 6,000 people without water, electricity, gasoline, medical help, civil defense, distribution service, any kind of traditional service or centralized rule.
Our city was blockaded by the army; and for one year, life in the city turned into total crap. We had no army, no police. We only had armed groups; those armed protected their homes and families
When it all started, some of us were better prepared. But most of the neighbors’ families had enough food only for a few days. Some had pistols; a few had AK-47s or shotguns.
After a month or two, gangs started operating, destroying everything. Hospitals, for example, turned into slaughterhouses. There was no more police. About 80 percent of the hospital staff were gone. I got lucky. My family at the time was fairly large (15 people in a large house, six pistols, three AKs), and we survived (most of us, at least). READ THE REST OF THE STORY
GUEST INFORMATION 05-09-2013
7:10 Alex Newman, WND.COM, Israel confronts China over organ harvesting.
7:35 Charity Barrueta, RN, has been the Stroke Program Coordinator for the Asante Rogue Regional Medical Center Primary Stroke Center since October 2010.We talk about this National Stroke Awareness month, symptoms, prevention, treatment.
8:10 Will Reishman, Strategic Financial in Medford. Undollars.com, How Ben's "easy money policy" hurts the real economy.
8:45 Amy Rose, updates Art In Bloom for this weekend.
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