I’ve gone into the Default on the Debt scenario extensively writing two books already out:
Going Galt: Surviving Economic Armageddon http://www.futurnamics.com/goinggalt.php
Surviving Civil War II: Preparing for Social, Economic & Political Collapse http://www.futurnamics.com/civilwar.php
I have a third book about the Biflationary paradigm we’re in which I just finished and will show up in a couple days on Amazon :
Biflationary Depression: Protecting Assets From Inflation And Deflation In A Keynesian Collapse http://www.futurnamics.com/biflation.php
The numbers I’ve researched on the economy for these three books really are frightening. We may muddle through at some level (the sun will always come up) but buckle up for rough times.
Thanks I’ll look those up.
I always thought Black Swans were unexpected events.
Those all have reasonable expectations.
Let me add;
Major earthquake (like Japan recently), causing nuclear power plant issues.
This would cripple our already dicey economy.
About the EMP vs ouside hacking; although our power grid could be taken down for a period of time by “bad guys” it would never have the same results as an EMP. (Read the book One Second After). Even the Russians have long known that, if you only have one nuke the best use for it is an EMP.
Marking post 15 for reference.