Sunday, January 25, 2009


Here are two stories comparing both the US and British economies to Ponzi-schemes.

The first (dealing with the US & the definition and origin of the phrase "Ponzi-scheme)

and the second, dealing with Britain's economy.

Read them, and then understand that what Rawles wrote is (as the rear view mirror warns) closer than it appears.

If you have not read John Wesley Rawles' Patriots, please pick it up, it is coming back into print, but the older edition can still be found. Also, read his daily blog at survivalblog.

And last but not least, start looking at your "investments" and see if you will be prepared for what must come...

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