Over the years I've stated time and time again, that the system was going to collapse. At least the financial system. The physical system; infrastructure including rails, roads, electricity and all that sort of thing are still about 10-15 years out optimistically and 5-8 years out pessimistically. Right now though, the United States has the potential for one of the greatest recoveries in history. It also has the change to fall into complete ruin, and worse case scenario would have us smack in the middle of civil strife. All of this though dictates one thing, "It is definitely time to INVEST!" Warren Buffet said it best, and I'm paraphrasing here, "When the market is in fear, buy". This is really good advice, the crux is, and the beauty of it is, the market will hit several more shocks still before gaining some type of balance. During that time many investors, the market, will continue to fear.
On another front one has to be very careful not to invest in things that the Government will wreck, nationalize, or ruin. There are a number of businesses out there like this, hundreds if not thousands, that are great investments but won't be if the Federal Government steps into the market to heavy handed. Some of the great investment areas are railroads, and other companies that work heavily with commodities. Commodities are going to be hot ticket items soon, and even with ups and downs, with the prices as they are, they'll be steals and bumped up some kind of crazy in 4-5 years. In the near term, forget it. There isn't a thing in the market for the near term schmucks to jump into without exponentially great risk.
On another note, even with my personal motive to buy, buy, buy right now, I do fear the personal liberty I've been losing will drastically increase. Hopefully I'll be successful and if I do lose liberty, I can buy it back. I know, that might sound pessimistic, but at this time the only thing that is going to maintain some semblence of liberty over the next 2-3 years is going to be those that are well off. The middle class and poor are definitely going to get beaten up, especially those that have made stupid decisions about house purchases or even stock investments. Two things that the middle class and especially the poor - if and when they get into them - rarely do with accuracly or intelligence. With that said, crime and other petty uncivil things could definitely increase over the next 2-3 years in significant ways. Desperation breeds bad things.
That's it for projections and such right now. I'm off to get some food and to figure out what I'm going to invest in.