Given the amazing rise in raw materials prices, the impending bankruptcies of many state and local governments, and the uprisings in the Mideast, I think there is a fifty percent probability the great global meltdown we've been expecting for forty years has arrived.
A fifty percent probability is a long way from absolute certainty, but the seriousness of the situation should not be ignored. My wife and I have been checking our emergency supplies, making upgrades here and there.
Inside the US, if the protests by the public employee unions turn into riots, I won't be surprised.
I've been spending a lot of time thinking about our investment strategy and tactics, and simply cannot think of any necessary changes. The plan described in the February EWR has served us well for decades and I can suggest no improvements. As near as I can tell, we are as prepared as it is possible to be to weather any kind of trouble and earn (more) profits from it.
The March EWR is scheduled to go in the mail March 8th. It will give you almost seven pages of additional information about what is happening.