here is an interesting video clip from 2 years ago with one analyst accurately predicting the current situation, you should really watch this:
(oh boy I wish i could see that Laffer guy's face right now if you showed him this clip)
i then watched a bunch of other clips on youtube with Peter Schiff from earlier this year and in almost every one he seems to be the only one in the panel talking that actually sees the crisis coming as we see it happening right now.
Now I don't know much about economy but this guy does seem to be one of the few who actually knows what he's talking about. There's a bunch of good articles on his company's website as well:
http://www.europac.net/
I must say I'm fascinated by what's happening to the US economy right now and if Schiff is right in his predictions the US are in for some downright scary scenarios, especially if the bailout plan goes trough in some form or another, since it does not address any of the underlying problems of the economy.