[Deathstar 80]

I've been watching Glenn Beck's show for awhile now. According to him, our economy will be in a depression in the next year or two, being similar to the great depression. I know that there are quite a few people who call Glenn Beck a "fear mongerer" (I think that's what they call him). However, I believe him. Just to let everyone know, though, I'm not going to debate over this. If you want to, you can watch some of his videos on his website to understand why he's saying this.

According to what I've heard, Europe's economy is definitely collapsing. And there's lots of rioting and chaos.

About the question whether or not this will affect us, I did hear something on Glenn Beck's television show. Glenn Beck said that what is happening in Europe could soon happen here in the United States. He showed the reason for this by comparing the European Union to the United States. The European Union is having trouble because the nations in their group had too much national debt. Similarly, there are states here in the United States that has a lot of debt. If these states have to have the federal government to bail them out of their debt, we'll be just like Europe is now.