The 18-34 year-old demo is one that grew up on great wealth and what we're facing could be the first real financial jolt we've seen. Sixty-five percent of college seniors plan to live with their parents after they graduate. When you consider that they also have an average of three credit cards and 73 percent will graduate with student loan debt, that makes sense. From a college student who has no savings, to a recent graduate trying to move out of his parents' house, to young people who are trying to stay afloat living on their own, this half-hour takes a look at the personal side of our economic crisis.

Six weeks ago, UC Berkeley faced a $67.2 million budget gap for 2009-10. Amid California's budget crisis which puts the state on the brink of bankruptcy, that anticipated shortfall has now grown to $145 million. The recently-enacted 9.3% student fee increases and other revenue-enhancement measures that become effective July 1, have reduced the $145 million gap by about $30 million, which means that UC Berkeley is still short $100 million. The budget situation is so servere that the Chancellor and Provost of the University of California just sent out the following urgent email this afternoon to all students, staff, faculty, and alumni at UC Berkeley...

In summary, this is what's expected to happen to UC Berkeley this upcoming academic year...

The following few videos I recently came across are extremely disturbing. Gerald Celente, a legendary trend forecaster who has accurately predicted every major world event since the 1987 stock market crash and the fall of the Soviet Union and CEO of Trends Research Institute, is now warning Americans (and the world) to prepare for a broad economic collapse, potential bank holidays, ghost malls, civil unrest, food riots, and possible revolution by 2012. The only possible salvation is a new technological innovation as revolutionary as fire or the wheel.

Consider the following results from a recent study performed by the National Association of Colleges and Employers to find out really how many college graduates are able to obtain jobs.

Statistics do not lie. Now here's the million dollar question: Do you have a Plan B?

While America's at record debt, Obama sanctions the Federal Reserve to print yet another $1 trillion of new money, sealing the fate for us and our posterity to endure higher taxes and hyperinflation in the near future. California is over $20 billion in debt and is on the brink of fiscal and infrastructural collapse. God forbidding -- threats of rioting and breakdown in social order are prompting FEMA & DHS to work with the UN to prepare for martial law are becoming self-fulfilling prophecies.