Remember that it is a bad idea to trust any government officials to provide you with a warning of impending disaster, whether it be the next depression, war or monetary crisis. Famous French economist Bertrand de Jouvenel perceived that people in power have “the least foresight” as to where our nation and economy is heading. Government officials are well-known for their eagerness to withhold the reality of the crisis. They tend to hide facts such as the cost of war, the rate of inflation, or an impending bank failure. Sadly, big businesses are not much better. Bear Stearns announced that everything was fine merely 2 hours before JP Morgan stepped in to shore up the investment bank.

So where should you look for accurate information? Well, the best sources are private economists and independent analysts. They have been warning people of impending problems for many years.