I’m 42 years old, retired from the USAF, and I currently manage a Telecommunication organization. I have been writing about our bubble economy since late 2005 and many of today’s economic events were actually anticipated and warned of. You should know that the U.S. "Housing Bubble" was only the latest symptom of much larger fundamental economic imbalances that have been building for decades - due to poor monetary and policymaking decisions. With that, I personally feel a major economic transformation is currently taking place right before our eyes and the prosperous “good life” that we have enjoyed for many decades here in the US is changing forever. Though I don’t think it’s relevant to the issues at hand, as ...More very few of our PhD “economic experts” were able to forewarn us of this significant economic downturn, I have unrelated Telecom Eng. & Eng. Mgnt. Degrees, but have spent many thousands of hours studying economic issues – providing me with (what I believe to be) a strong understanding of “the big picture.”