15 Signs That You Better Get Prepared For The Obama Recession Of 2013

By Michael Snyder 
The Economic Collapse Blog
February 1, 2013

You better get ready, because there are a whole host of signs that economic trouble is on the horizon.

U.S. economic growth slipped into negative territory during the fourth quarter of 2012.  That was the first time that has happened in more than three years.

Several important measures of manufacturing activity have also contracted in recent weeks, and consumer confidence is way down.

There is a tremendous amount of economic pessimism in the air right now, and Americans are pulling enormous amounts of money out of our banks and they are buying up precious metals at unprecedented rates.

Meanwhile, our “leaders” seem very confused about what is happening.  For example, Senate Majority Leader Harry Reid continues to insist that we are “in a recovery“, and some other Democrats are calling the latest GDP numbers “the best-looking contraction in U.S. GDP you’ll ever see“.

Continue here.