If you speak to those who have traveled abroad, you would know, the dollars buying power does not enable the buyer much value. As consumers you don’t have to travel that far to see the results of our economy. Just take a visit to your local grocery store. When I’m shopping, I find myself staring at food product as thought I was purchasing hardware. The prices can be so high that it makes one adjust their budget to maintain a sufficient food supply. It’s true the dollar is lousing value and could be devalued, if your not sure look at the price of gold. In the mid 1980′s the price was between $350.00 and $400.00 an ounce. Today the price has sky rocket to $975.00 an ounce, and at these prices, it’s still a bargain. If the consumer has any concern about his or her assets, it may now be time to consider gold and silver coins.

The dollar is going up and down a roller coaster of economic problems, but there is another issue we’ll have to face. As reported 77 banks have failed this year. In the pass two years 102 banks have collapsed. The FDIC’s cost average estimates 24% of assets.

The state of Michigan currently maintains a 13% unemployment rate. It is the hope that the current administration may create some new stimulus plan to restart some of the states failing industries.

But this may be easier said than done. Because of stimulus and quantitative easing, the Obama administration may be  anticipating economic relief for 2010. But at the same time in 2010 states are due to exhaust their government relief.

The Michigan Department of Human Services has reported 100,000 jobless benefits will expire in January. Can the current administration continue its printing press policies, or will we damage our current bond rating.

There was a time in the not to distance pass when intercity parents of school children may have felt a lack of empowerment or inability to improve their areas educational system. But now the problems of our schools have hit home nationally. As a student of economics, I’ve known for some time, this current crisis would accelerate. We can know longer assume the luxury of foreign bond debt to properly educate our children, and how long do we expect our government to print its way to prosperity.

There are many tragic life changing stories of school teacher layoffs. The pain and frustration is being felt nation wide. It was once believed, if a graduating college student received a teaching assignment, this was one of the most secure jobs positions, but times have changed. Recently Los Angeles Unified School District lay offs affected 2500 teachers. This is just one of many stories. For those who are concern about the future of our educational system, serious changes may be needed to save the well being of our children.

The sad reality is, corporate profits are down and their cash flow isdwindling. If corporate profits continue this pace, we can well expect increase unemployment. The process would mean more foreclosures and another injection of stimulus relief. Recently reports subject, venture-backed liquidity fell 57% from $6.48 billion in the second quarter of 2008 to $28 billion in its recent quarter, as stated by Dow Jones VentureSource. This would subject unemployed levels are having some effect on corporate profits.

We are slowly approaching a cross road. If this trend continues, the process will increase business failures and a higher lever of unemployment will ensue. The problem will also increase inflation.