Posted on 12/30/2011 4:32:24 AM PST by blam
I have worked lifetime and saved a few pennies.
I worry that when hyper inflation comes in ,as it certainly must, I will be wiped out. I worry that my grandchildren will have a future with no jobs and under Muslim Sharia law.
At 69 I don’t have too many worries about myself, if I can get another good ten years I will be ready.
A Happy New Year to you too.
My wife expressed some concern about my bulk buying of food. When I sat her down and took her through this step by step...her final response was, “Can we just organize it better?”
Dark clouds are over the world.
Thx for the ping! We have some family members old enough to remember the ‘29 crash and the Depression. They’ve planned accordingly and we’ve learned a lot from them :-)
What exactly would an ‘economic collapse’ be, and how would it occur? We still have all the farms, factories, mines, and offices, and all the people who work in them. They are real, and will continue to operate.
Now those bits on a chip, that come out on your bank statement every month, they may get into a bit of a tangle. But are we such wimps that we would allow our real physical wealth to be held hostage by a bunch of arbitrary digits?
There is no precise definition of an economic collapse. While some might consider a a severe, prolonged depression with high bankruptcy rates and high unemployment an economic collapse, others would additionally look for a breakdown in normal commerce, such as hyperinfalation, or even a sharp increase in the death rate and perhaps even a decline in population. Often economic collapse is accompanied by social chaos, civil unrest and sometimes a breakdown of law and order.
Yesterday, after reading that over 1.5 million guns were sold in the USA in December, I commented to FrogDad, “I hope people are buying food to go with those guns.”
My fear is that they all are thinking that there are Preppers out there, they’ll just take what they need.
Thanks for the article.
We the people have been put into this position, they are the root cause
Obama getting a 2nd term or Pelosi by some evil becoming Prez would probably top all those worries, at least for me. Let us not forget: The Mayans predicted the world would end in 2012. We have probably one of, if the most important elections coming up in 2012. Coincidence? I think not. If the psycho Marxist wins a 2nd term will there be any argument that the world has ended?
The problem is that we are all tied together by those "bits on a chip". When MF Global went under many farmers were badly hit. They were using their MF Global accounts to hedge their production but far more importantly, they counted on being able to draw that money to finance their operations. When that money disappeared they couldn't buy seed, fertilizer, fuel, farm machinery, etc.
The same goes for factories and mines. If the banks close or the US$ is worthless domestically how do you pay your workers? How do people pay for your product? How do you pay for your supplies? How do you make money?
The amount of money that people I know who are receiving food stamps is hardly feeding them. Let's be honest. $20 or $30 a month won't "feed" people. A lot of people could lose their food stamps and it wouldn't be the end of the world for them.
As to the title... there is still hope! Maybe America is waking up again?
LLS
LLS
They should be FAR more concerned about the spiritual collapse....that brings about all other problems.
“We the people have been put into this position, they are the root cause”
Maybe we the people ARE part of the problem. Look at how a huge segment of our people has abandoned God and His moral law.
“Of all the dispositions and habits which lead to political prosperity, religion and morality are indispensable supports.... George Washington
“And let us with caution indulge the supposition that morality can be maintained without religion.... Reason and experience both forbid us to expect that national morality can prevail to the exclusion of religious principle.” ...George Washington
“It is substantially true that virtue or morality is a necessary spring of popular government.” ...George Washington
I know you were being serious but that is one of the funniest posts I've ever read.
It looks like your wife has superb negotiating skills but she knows when to modify her expectations. I bet you've been married a long time.
Bump for later digestion.
Looking FORWARD to 2012! HAPPY NEW YEAR, everyone!
December 28, 2011
America's Greatness Will Defeat Obama By William L. Gensert
bttt
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