I hate to be one old Jack Frost here, but I think that people are being misled by economic fair weather friends. Green shoots in the economy in November does not mean that summer is coming.  We had a economic cold spell and it now looks to be moderating into Indian Summer but winter is still coming to America. The great economic winter of the United States has barely even begun.

This article by Ron Paul tells you to be prepared for the worst.  I agree with Paul, a bad economic winter is still coming to America. Ron Paul thinks we have about a year left before what I call the economic winter hits. I do not know if the economic winter will hit tomorrow or in five years but I do know we only have a short season left. If I look at the big picture on America’s economic condition that is the only conclusion I can come to.

The old crows in Washington picked the money tree clean and dropped half digested leaves out of helicopters, but the money tree is now bare. Seeing that the money tree is already bare you ought to get prepared for economic winter.

Obviously if  Uncle Sammy is going to put trillions of dollars on his credit card and then just drop the money out of helicopters people are going to pick it up and buy things, but the bad news is that Uncle Sammy’s credit card is now over its limit and the creditors are getting nervous.

What happens on your own credit card when you are too far in debt and your bank gets nervous? The lenders will raise your interest rate and they will not increase your limits anymore. What will happen to your cash flow then when that happens? It will be the same thing with the United States. Those buying America’s debt will soon demand more interest and they will also quit expanding our line of credit.

So, within the next few years instead of the government putting trillions into the economy like it did to create this economic Indian Summer, Uncle Sammy will have to use his income  to pay his creditors back. Then the people and programs that also depend on Uncle Sammy will know that economic winter has arrived because Sammy will not have enough income. Rather then have a revolt from his dependents Uncle Sammy will either raise taxes or print funny money but those actions will bring either a depression or hyper inflation and economic winter will have arrived in America.

The six main reasons why economic winter is coming.

• Uncle Sammy has been spending far more than he has and he is now borrowing from loan sharks.  Interest rates are sure to rise fast shortly. If Uncle Sammy does not pay the loan sharks they will break his knee caps.
• Uncle Sammy has been embezzling all of the money out of public entitlement funds for decades and replacing them with worthless IOU’s. When people find out that Uncle Sammy robbed them blind and cannot pay the IOU’s and that they will not receive what was promised to them, they are  going to get real ugly. They certainly will not be willing to send Uncle Sammy any more of their hard earned money.
• Uncle Sammy has become a socialist. He thinks you create wealth by robbing the productive and redistributing it to the unproductive.
• Uncle Sammy is a gullible sucker and is taken in by every scam that comes along. His globalist fair weather friends just came up with the mother of all scams. It will double the price of Uncle Sammy’s energy. The scam is in convincing Uncle Sammy that they can make it cooler in the Summer by making Uncle Sammy’s energy too expensive to use in the winter.
• Uncle Sammy is getting old and did not have children. The children he did not have will not be coming to his tent to take him out for lunch during the economic winter in America.
• Uncle Sammy has become Godless and perverted.  Therefore, there will be no divine intervention to prevent economic winter from coming to America.