[TomOfTTB]

I'm sorry but you're wrong on just about everything here.

1. While I don't know the articles you speak of you can't blame commentators for being off on predictions if the Government is doing everything it can to goose the economy. You say the national debt is a small amount of total debt and that's true. But the governments of the world have also been taking other steps like printing money and artificially keeping interest rates down (at 0 in fact). These are things that could help the economy recover but they are also things that would put off a crisis if it was coming.

2. No one would suggest putting money in your mattress because money loses value. Take a look at the dollar index: http://bit.ly/qO0F7X So the dollar has lost about 35% of its value since 2001

[rnemo]

1. I can and will continue to blame the commentators and the respected publications in the financial world who give them voice for consistently publishing pieces that not only turn out to be wrong but aren't doing anything to help the problem. I really don't care what the government is or isn't doing, it's at best irresponsible to keep on publishing articles that doomsay to no result when investor confidence, employer confidence, and consumer confidence are such important parts of economic recovery.

2. I was using metaphor when talking about stuffing money into mattresses, the point being that most of the time the recommended actions for saving the individuals money do nothing good for the overall economy, instead the actions just provide a potential safety blanket. In terms of talking about economic ups and downs and how to prevent them, these actions have not much more effect than shoving money into a mattress