You haven't begun to see the economic crash yet
The demise of the U.S. economy is due to many factors not the least of was $4/gal. gas prices, the collapse of the housing and banking industries due to mis-management and Wall Street financial greed.
The Feds woke up this week to discover the economy has been in a recession for 14 months and is dropping faster than a rock. This illustrates how out of touch the elected officials are in America. Now the Big Three U.S. auto companies need loans to fund operations and the FOOLS in Washington, aka politicians, can't find their arse with both hands and a roadmap. The Big Three are the manufacturing backbone of America. If any one of them goes under there will be an immediate loss of 3 million jobs. Within 90 days another 5 million jobs will be lost. There will be no escaping a full blown economic depression of never seen magnitude. Despite this the FOOLS in Washington do not want to provide bridge financing for the Big Three.
With Europe and Asia depending heavily on U.S. consumption of goods and services, both economies are starting to suffer and it's only going to get worse. Honda pulled out of F1 racing today because their sales world wide are dropping like a rock. Honda, Toyota and other car company sales in the U.S. dropped 34% in Nov.
Folks life as we know it is about to change forever and it's going to be very, very painful.