21 Signs Of Impending Doom For The 2011 Economy

21 Signs of Impending Doom for the 2011 Economy
The global economy is more interconnected than ever, and so a major crisis in one area of the world can have a cascading effect on the rest of the globe.  Just as we saw back in 2008, if financial disaster strikes nobody is going to escape completely unscathed.
So what should we expect for the rest of 2011?  Well, the truth is that it doesn't look good.  The following are 21 signs of impending doom for the 2011 economy....
#1 The civil war in Libya now looks like it could drag on for an extended period of time, and that is likely to drive the global price of oil even higher.
#2 Barack Obama is publicly saying that NATO is now considering "potential military options" for solving the crisis in Libya.
#3 Kuwait exports more oil than Libya does, and it looks like the civil unrest that has been sweeping the rest of the Middle East is now starting to spread to that country.
#4 In Saudi Arabia, protest groups are planning a "Day of Rage" on March 11th.  If a revolution breaks out in that nation the entire global economy is going to be thrown into turmoil.
#5 The average price of a gallon of gasoline in the United States increased by 33 cents during the two-week period that ended last Friday.
#6 According to the Oil Price Information Service, U.S. drivers spent an average of $347 on gasoline during the month of February, which was 30 percent more than a year earlier.