Tipping Point Discussion

We have mentioned the precarious position the U.S. is in: high unemployment, artificially low interest rates, heavy use of stimulus dollars, and over-leveraged consumers.  Everyone in the investment community is expecting a “tipping point” to occur in the U.S. bringing forth the next financial crisis.  The only question is “when”?  Have you noticed the influx of movies about Greek mythology lately?  Could a U.S. sovereign debt crisis rise to mythical proportions?  This video is as much about the U.S. as it is the Greeks:

 

 

Before it’s over, people will once again seek Our Heavenly Father.  After all the promises of man have evaporated and there is nothing left, men will repent and seek the wisdom from Above.

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