The Commerce Department released a report last Thursday showed the Personal Savings Rate in the U.S. at its lowest rate since 1933.  In 2006, the average consumer spent 1% more than they made during the year.  Obviously, the only way that can happen is if people are spending previous savings or are living off of their debt. 

It's not a good sign for our economy, and it was combined with a report that manufacturing was contracting in the month of December, which is a early sign of recession.  It might be time to start thinking about your asset protection strategy.