What will happen to the world?
It is estimated that in 50years about 60% of all worlds countries will go bankrupt and the system as we know it will collapse. Monetary system revolves around debt, meaning creating money out of nothing. Every single country on our world is in debt and that debt is rising. Crucial point will be reached at which we are no longer able to sustain debts. Everything collapses.
Maybe we need a resource based ecomony rather than a money or monetary based economy. The fact that money can only be created out of thin air makes many angry. The federal reserve must go.
I advise you to invest and buy silver coins to meet your daily needs and maintain your quality of lifestyle that you are living now in your life on the earth. The money that we have now is worthless and is only in circulation because of everybody accepting it as the way to do business in our everyday life. Buy silver, silver, silver coins and a little of gold coins and keep a low profile so that you are not an open target to get kill when all hell breaks loose on the earth because their money is worthless now. Prepare ahead of time and keep out of the public view and enjoy your life. I am already prepare so it makes no difference to me one way or the other. LOVE PEACE FREE. Be love be peace be free. Just be it. That is why I am the AMBASSADOR among other reasons also.
Maybe we will get ourselves together before then. But maybe we wont. While some sort of major collapse would be devistating, perhaps in the long run it would be a good thing. What doesn't kill you makes you stronger. Maybe from the rubble of collapse will rise the pheonix of a new world, one that has learned from the mistakes of the old one. . . Well, it's a nice thought, anyway. In the mean time, I think the person who recommended investing in Silver is wise, but I also think that even silver will be useless if there is nothing to buy with it. I am more of a survivalist than an investor. I recommend growing a garden and learning how to feed yourself so that if some disaster hits and grocery store shelves are bare, you, at least, will not starve.
by Missing Link 5 years ago
What will happen to USA savings accounts and IRAs if the dollar and/or world economy collapses?I am quite worried the dollar and/or world economy will collapse. If so, what will happen to savings accounts in USA banks or USA managed IRA accounts? They say bank accounts are FDIC insured but surely...
by jomine 7 years ago
Most American companies sell their products to the third world. But indigenous companies are mushrooming in third world, and finally a stage will reach that the markets will be saturated and there won't be any space to expand, rather the companies will have to shrink due to lack of business. Again...
by Ralph Deeds 7 years ago
"It is part religion, part politics. It is a way to voice a lack of confidence in the central banks of the world and a yearning for the world as it used to be."Gold prices continued to rise, crossing $1,400 an ounce earlier this month, as investors shied away from equities and...
by Joe Roman 10 years ago
I am new here. Hi all... Take a look at my article and leave a comment so I can do it better next time...Thanks, have a great day. Joe Roman
by teacherfidel 7 years ago
What would happen if there was no money in the world?What would that be like? What would I do if I didn't have to earn money to survive?
by ledefensetech 9 years ago
http://www.investorsdailyedge.com/are-u … iling.htmlLooks like foreign investors are finally starting to see the light and refusing to buy anymore debt. I wonder how the government plans to fund it's grandiose plans now? Taxes on those making over $200,000 will only fund so...
Copyright © 2018 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|