The Coming Collapse of the Modern Day Banking System

""Most people have no idea how grave the present situation is or the disaster the country will face if trillions of dollars of over-leveraged bonds and equities begin to unwind. There's a widespread belief that the stewards of the system - Bernanke and Paulson - can somehow steer the economy through this 'rough patch' into calm waters. But they cannot, and the presumption shows a basic misunderstanding of how markets work. The Fed has no magical powers and will not allow itself to be crushed by standing in the path of a market-avalanche. As foreclosures and bankruptcies increase; stocks will crash and the fed will step aside to safety." I write almost every day on this and related topics, so I spend a lot of time researching and learning. Our little clan has been very busy in preparation ? securing rural land, coming up with off-the-grid means of managing home energy means, etc. I fully believe that we are facing a Great Depression-style economic downturn in the near future and the time for preparation is fast running out."