I have believed for a long time—since I entered the financial industry nearly 30 years ago—that there would be a day when America and the world would go through some incredibly difficult financial times. I have known from my own research that demographically everything pointed to the year 2010 for the economy to roll over, but I think we are now on the front edge of that storm, perhaps two years prematurely. The economic winter—essentially a "Category 5" financial hurricane—has started, and I don't think it is going to be over anytime soon. Bounces will occur along the way, but the demographic winter is here to stay for the foreseeable future.