When in your estimation do you see a total economic collapse of the U.S dollar...I know you dont...
have a magic crystal ball but this thing cant last forever..and you know about the Fed and the One world govermnet ...n.a.u. etc
only if we don't fight back. ask your representatives for a balnce sheet. you and all of us have a right to know where all this money goes. if you disagree with any of it, start a grass roots campaign to let the representatives know it ain't right. tell them no to whatever you and your group disagrees with. for me it is federally funded acorn, taxpayers footing the bill for sports teams and civic centers. if they will be profitable the private sector will build it.if it won't be then the taxpayer should not let it be built. we must all stand and fight the inflationary tactics being shoved down our throats by this or any administration. speak up, it is a government of the people, by the people and for the people.
also, make sure that if there is a choice buy american, support your local businesses and try not to look for lawsuits that should not be filed. insurance companies will lower their rates, doctors will lower their costs as well as hospitals if they are not afraid of lawsuits for small things. if they really screw up yeah go get them. but those who get a nose job and don't like their new nose, too bad. you could afford that one, try again
I think those who are seeing what is going on know it's not "if" but "when". This is really your question. And it's incredibly complicated because Foriegn Markets have their own Central Banks doomed for failure.
So investors in the Global Market are scrambling to find any "safe" investments.
If you look at what is going on in Greece and Portugal they are very near a collapse and will once again need to borrow huge sums to get through. I read an article just today on the potential ramifications of Spain collapsing after them. The European Union is the model currency for the New World Order Agenda.
So if Europe crashes first does this make America a better investment? Does this give American's time to correct the system if the Politicians wake up and put the people first?
Personally if nothing is done I see a collapse in the next 5 years.
The Government continues to feed the media propaganda about jobs loss losing momentum. But Government numbers never paint the real picture. If Job Loss were not such a huge issue then why are they continually funding unemployment extensions to keep their artificial numbers in place?
I read a quote that I can not source: A Recession is when your neighbor loses their job, a Depression is when you lose your job.
There is simply no incentive for all but a handful of companies to hire. And for every company that plans on hiring like Cisco there are several who will not be hiring or laying more people off.
Our very system is based on a consumptive model. That model has to change. Growth like Debt is not infinitely sustainable. The Earth only has so many resources - a finite amount.
And while there is always talk of "Green Energy"... the talk is all about profit not about making energy available to the masses.
Consumption, Greed, Profit. All these work contrary to the Earth's Resources.
So on one hand the crash will have devastating effects to those who are without access to resources and ownership of resources. On the other hand it will put the earth/resource allocation in a better position.
There are plenty of solutions available... but the solutions require those who are in power, those who have resources to share... and that is not going to happen without a fight.
Months - not years - maybe a year at most.
We are almost out of time. Prepare for a new America where we will resemble more Argentina or Greece than the country you know now.
Hyperinflationary depression is what is coming and will devestate this country and its population - nothing can stop it.
Fuel, food, basics of living will be 5 times what they are today and money will begin to devalue at same time making it a muchmore destructive force.
Chaos, rioting, crime & poverty will envelope America and transform this once great nation into something out of a movie screen.
Prepare while you still can - not much time is left.
by jerryl 14 years ago
What's your opinion, and the reasoning behind it?
by Eric Calderwood 10 years ago
What will you do to survive an economic collapse?If the US dollar crashes and the economy collapses, what will you do for food, shelter, water, and safety?
by jomine 12 years ago
Economists like Richard Duncan and Peter Schiff are predicting a global economic collapse. They are predicting unemployment, street fights and riots in a massive scale, at least in America, and the death of more than half of world population in 3-4 years. What do you think? How will you prepare if...
by Earl S. Wynn 12 years ago
Are we headed for a major, global economic collapse?I'm not talking about just some little recession-- I'm talking about a major, movie-grade apocalypse followed by a new dark age reminiscent of Mad Max. Could something like that even happen, or are we too advanced as a global civilization?
by ga anderson 10 years ago
I stole this from another thread, so the topic could be discussed without further hijacking the thread it was on. I hope that was OK.John, I am not putting forth criticisms for you to defend. I do not know enough about MMT to hold an intelligent conversation about it. I was merely pointing to...
by Tina Pittman 11 years ago
Do you think we are on the verge of an economic collapse?
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