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Yup! Just what I thought!! The scariest stuff imaginable!!
Although that article sounds very negative, I am sure everything will work out. It isn't really that bad. Think happy thoughts.
If you ignore all this financial information things will get better by themselves. Watch the banker controlled TV MSM sources. They will confirm that all is well. No need to 'prep' or such nonsense. Just save a little, put it in the bank every month. The bank is a safe place. The TV told me so.
Rupert Murdoch is a fear monger. He knows that fear sells. It is well documented that he controls his newspaper outputs. His political beliefs area also well documented.
There is little doubt that the U.S. economy is in trouble; just as there is little doubt about how it got there (that is amongst those who believe in facts rather than ideology).
There is scant hope of any recovery in the near future as long as one party will do everything possible to make sure that the other party is unable to succeed.
Look at Weimar Germany and Zimbabwe for historical examples of how govts handle this situation.