Depression

No, I'm not depressed but I'm affraid our country will be in the next few years.

I have my clock radio set to 680AM so when the alarm goes off in the mornings I can get the weather and traffic reports. There's this guy that will ask questions and tell you to call in with what you think. For instance today he said that gas prices have gotten up to between 3.59-3.61 in Raleigh. He also said that projections show that gas prices will be getting to as high as $10.00 a gallon. The question that follows is what do you think will happen if gas sky rockets like this? Or can you even comprehend it? I want to say that no I can't comprehend it but I can.

Here's the way I see it going, and it makes me very sad, if gas keeps going up people aren't going to be able to afford to buy anything other than gas and food. If gas and food is all we can afford to buy then our economy will plumit and we'll be forced into another depression. If people can't afford to buy the things they want from the stores that sell them, those stores are going to have to close and restaurants are going to close and all kinds of other places that we go to when we have money to burn will close down. After all this happens billions of people are going to lose their jobs. People wont be able to afford their homes and the banks will foreclose on millions of houses and people will go back to living the way they were living during the Great Depression.

My advice? Save. Save your money now, if you don't have a food storage, get one, if you don't have a 401K, you really should start now. I'm afraid and worried about all these things. I can't save money to save my life! It's sad but I've tried and I always find something I'd rather spend it on. I have my 401K set up and hopefully it'll be alright until I need it. I don't have a food storage and that worries me. I'm gonna start slowly trying to build one as best I can and hopefully I'll have enough for when I have to move back out on my own. So guys, hang in there and hopefully we'll all make it through this craziness.