What to Do After an Economic Earthquake

Chuck did a great podcast on Friday in follow up to some of the stuff going on in the economy and the “economic earthquake” we have been experiencing.  Some great insights in there.

Here are some great quotes from the podcast:

We are in a sugar high economy.

The government’s bailout plan will make things better for a season, and create an economic calm, but in putting this massive infusion of money into the economy, we’re spending money we don’t have.

When you’ve borrowed too much, you can’t solve the problem by borrowing more. All the borrowed money also will cause inflation down the road, maybe hyperinflation.

You can listen to the show HERE.