I Am Officially Scared

Wow. This is creepy-accurate, and it really makes me nervous. This guy bet "doomsday" in all his on-air interviews about the economy and was right. At the same time, he could have been guessing. Maybe it won't continue to decline. What has me nervous is the amount of disgust he received from the other "experts" being interviewed.

I agree with Peter Schiff in the sense that we spend and spend and spend and we don't really save or produce. We are too extended on credit as individuals and as a nation, and we should be careful not to scoff at the idea that things may get a lot worse before they get better.

Should I be selling all my stocks and hiding my savings in the mattress?