Economics and Investing:

James Wesley Rawles February 17, 2012 February 17, 2012

This set of charts says it all: The day of reckoning for global total debt – total credit market debt up from $28 trillion in 2001 to $53 trillion in 2012.

Bob L. sent this: Richard Russell – A Bitter Pill to Swallow, Austerity or Inflation

Items from The Economatrix:

True UK Jobless “6.3 Million”

Jim Sinclair: The Lonely Road We Take Together

“Poor America” – How The Broke Are Surviving

Mortgage Settlement Will Plunge Real Estate Values

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James Wesley, Rawles (JWR) is Founder and Senior Editor of SurvivalBlog, the original prepping /survival blog for when the Schumer Hits The Fan (SHTF). He began SurvivalBlog in 2005. It now reaches more than 320,000 unique visitors weekly.
JWR is a journalist, technical writer, and novelist. His survivalist novel Patriots: Surviving the Coming Collapse, is a modern classic that reached #3 on the New York Times bestsellers list. Two of his other novels have also been best New York Times bestsellers.
Jim is the originator of the American Redoubt movement and a frequent talk show and podcast guest. He is also a retreat consultant specializing in off-grid living, rural relocation, and survival preparedness.

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