Letter Re: Predicting the Timing for an Economic Crash?

Hi Jim!
All things considered, what is your best “guestimate” on when this economy will crash or the SHTF ? – M. in Montana

JWR Replies: Sorry, but I don’t have a crystal ball. All that I know is that with the massive debt accumulations (both Federal and consumer debt), the real estate bubble, and the burgeoning trade deficit, the U.S. economy is highly unstable. Other factors like international terrorism and the Asian Avian flu are totally unpredictable variables. The bottom line: Just be prepared, and be prepared soon.