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The Water Cooler
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<blockquote data-quote="cjjtulsa" data-source="post: 2105283" data-attributes="member: 6146"><p>Exactly. And it won't be a "civil war", it will be civil unrest. It's why I mentioned earlier that we are already past the point of no return; no nation can have our debt, our drop off in manufacturing, our GDP, a rapidly-growing dependant class, and all the rest of our financial balancing act and survive in perpetuity. If it wasn't for the fact that the dollar is the world's reserve currency, we'd have already sh*t the bed. And as we settle in for another night of prime time dumbing down on the tele, China and other nations are working to bypass the dollar. And when that happens? So long, 'Merica. The Fed Reserve will pump out dollars (with interest) like there's no tomorrow to try and keep the nation's head above water, resulting in hyperinflation (Weimar German style) We'll go into a financial tailspin, the EBT cards can't be filled, Social Security checks quit coming, and on and on. State and local services grind to a halt, there will be bank runs, and all hell will break loose. It's not a fantasy, history has it's examples, and not that long ago. And history also didn't have electronic money that can disappear from accounts with the tap of a 'delete' key. It's pretty minor so far in Europe, and take a look at some of the early action in Greece. The potential for unrest is a whole lot worse here - and in my opinion - one of the reasons they're grasping at anything to accelerate gun bans, etc. The trainwreck may be closer than many of us want to admit.</p><p></p><p>There's no "fantasy" here; it concerns the hell out of me. I worry for my kids.</p></blockquote><p></p>
[QUOTE="cjjtulsa, post: 2105283, member: 6146"] Exactly. And it won't be a "civil war", it will be civil unrest. It's why I mentioned earlier that we are already past the point of no return; no nation can have our debt, our drop off in manufacturing, our GDP, a rapidly-growing dependant class, and all the rest of our financial balancing act and survive in perpetuity. If it wasn't for the fact that the dollar is the world's reserve currency, we'd have already sh*t the bed. And as we settle in for another night of prime time dumbing down on the tele, China and other nations are working to bypass the dollar. And when that happens? So long, 'Merica. The Fed Reserve will pump out dollars (with interest) like there's no tomorrow to try and keep the nation's head above water, resulting in hyperinflation (Weimar German style) We'll go into a financial tailspin, the EBT cards can't be filled, Social Security checks quit coming, and on and on. State and local services grind to a halt, there will be bank runs, and all hell will break loose. It's not a fantasy, history has it's examples, and not that long ago. And history also didn't have electronic money that can disappear from accounts with the tap of a 'delete' key. It's pretty minor so far in Europe, and take a look at some of the early action in Greece. The potential for unrest is a whole lot worse here - and in my opinion - one of the reasons they're grasping at anything to accelerate gun bans, etc. The trainwreck may be closer than many of us want to admit. There's no "fantasy" here; it concerns the hell out of me. I worry for my kids. [/QUOTE]
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