Unless you are prepared to move your savings and investments out of the country the govt will be able to get their hands on it. The gatekeeper that kept the mob from getting their hands on the product of your efforts was govt, laws and a society that viewed personal property as untouchable. We live in a country that no longer holds that view and our govt is led by collectivists. Can we elect politicians who will fight to stop this? I don't know. I doubt it.
We are watching a long slow train wreck and I don't believe it can be stopped.
Not much hope. The Baby Boom generation had it in for this country from the start, and Europe (and you guys know that doesn’t mean everyone in that generation). They simply want our society uprooted and destroyed, and they don’t even care what replaces it. They simply consider it beyond repair.
In the 60s they were protesting and looking like idiots. In the 70s and 80s, they bided their time, inching up the power train. Starting in the 90s, they started amassing power and now run the country. In the 60s 70s, and 80s, they wanted us defeated both economically and militarily (which is why they sided with the Soviets on every military issue). Now they’re ok with just economic collapse here...and, as Ram Emanual said - never let a good crisis go to waste. So here we are $17T in debt, trillion dollar deficits forever...a crisis if I ever saw one.
...but an opportunity for those to achieve a life-long dream and bring us down - and they are making darn sure that they are successful as fast as they can.