21 March 2009

The Edge of Personal Collapse is Perilously Too Close for Most Americans

As the near depression continues to deepen and lock into place for the next 18 months to two years, it is very alarming to see how many American households will probably fall off the cliff and into an abyss of insecurity, uncertaintly, and probable profound changes to their lifestyles. The fact that most have an economic security blanket of less than several months and in many cases only about a month is a incredible crisis brewing. Only through the generosity of family and friends will these people hang on and not become homeless and lose much of what they built over their lives; what is truly tragic is those who do not have this kind of familial or community support and are destined to be living in their cars or in tent cities which have popped up quickly in amazing large numbers in recent months all over the nation with vast numbers of transitory and emotionally shattered residents.

http://seattletimes.nwsource.com/html/nationworld/2008898320_scared21.html

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