http://www.chrismartenson.com/crashcourse

It's a crash course in what is fundamentally wrong with our economy. Send this to all of your friends and relatives, everyone should know the real reasons we're headed into a recession.

So very true! Thanks for the link!

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At three hours, that is a new use to the phrase "crash course"! Still, I've skimmed over the videos, and they appear to be very well thought out, and bring up some fundamental flaws with the way our economy currently runs.

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I'd say we're already in the midst of a recession...not heading towards one...

The recession started back when Bush sent National Guard units over seas. How many of those people were in adjustable rate loans, and how much were they making while overseas?

I think we are way past "recession" and are seeing the first waves of a depression.

I don't think you understand how much you can make while being deployed in the military. Not only do you get tax-free pay, you also get a housing allowance. Plus, what are you going to spend money on while deployed? You certainly don't have to pay for food, or rent.

This housing market crisis happened as a direct result of legislation which FORCED banks to loan money to minorities with bad credit. Pure and simple.

I am sorry to say that we are heading into a depressio that will be like nothin before and that will last a veryyyyyyyyy long time.....why?......simple NO EXPORT-NO RECOVERY.

We now have nothing that the rest of the world wants or that they cannot make cheaper, better or faster.......and even if we have something to export it will take years and years to recover and one of the reasons is that all that money would be going for war and as a "loan" to our "friends".

But of course the above is going on right now but with "bad" money.....bad money that will take your childrens and your childrens childrens years and years to pay off.

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What about technology? Although it's made in Taiwan, there isn't a reason why we can't tool up over here for manufacture.

Unions are what kill our exports, and with a depression coming, I don't see them hanging around for long.