What if the U.S. economy suddenly collapsed?
What would be the first thing that you would do if the U.S. economy suddenly and totally collapsed? What if all of the countries we owe money to called in their loans? How would you survive?
Arnold says: "If the economy falls into the ocean...I will PULL IT OUT!" By being the fittest.
I fully expect the entire world economy to collapse in the coming century. It will be chaos and many will perish. I expect military dictatorships to seize control but that will fail too.
You can stock up on guns and ammo and food but that will not save you as climate change becomes so severe crops will fail everywhere. That's my prediction.
The U.S. economy will never suddenly collapse...it will go south slowly like bad white wine. Nothing as big as the U S economy suddenly fails. If General Motors went out of business tomorrow, we we would see the wind down of that momentum in various markets for years to come. I am not saying the U.S. economy cannot fail, I am just saying that it will not totally happen in a day. WB
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