Summary: Episode 456: Today In Preparedness News - Economy(12-11-2013)... Show Summary: The economy is on my mind today, as we delve into the today's news segment. Topics for discussion today, include yields on 10 yr debt, taper on(not on) talk, Ponzi schemes, Obamacare taxes and the question of when will the next recession/downturn hit the U.S. economy? I'm feeling can of salty today and had a lot of fun recording today. Enjoy! Show Notes/Topics And Links: Treasury Debt Yields Ten year yields are still holding at around 2.8 % The stock market has seen a sell off of late - minor correction - taper on still? Fraid not National Debt Continues to climb - 17,222 trillion Curtsey of Wikipedia, Ponzi Scheme What happens when foreign investors stop buying the debt? Easy answer - the Ponzi scheme collapses Obamacare - The Hits Just Keep Coming Curtsey of Jim Quinn's Burning Platform, OBAMACARE IS SUPPOSED TO SIGN UP 7 MILLION BY MARCH – 365,000 SO FAR When Will The Next Recession Hit? We are currently 54 months into this expansion - when will the next downturn happen? Curtsey of Zerohedge, The One Topic No One Is Discussing, by Tyler Durden Oil Inventory Report From The EIA Summary of Weekly Petroleum Data for the Week Ending December 6, 2013 Weekly Pertroleum Highlights Later, Lat Cozad poormanprepper.com latcozad@poormanprepper.com Forum Is Now Open - Poor Man Prepper Forum My podcast can be found on iTunes, Bluybrry.com, and Stitcher Radio. Also, I'm on Facebook, Twitter, and YouTube. And don't forget to drop by my website and become a member of my email mailing list. Photo credit: Poster Boy NYC via photopin cc
