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Bbeis

Who is ready for what's coming?

Jack:

Drop back five and punt ... like everyone else. ;-)

Yet another reason NOT to support the lopsided Kyoto protocol. (Communist China and India are exempted, and a free to pollute the planet to their hearts content.)

Jack:

... and ARE free to pollute ...

Secretsquirrel:

I absolutely agree, Scott. Neither one of them give a whit about pollution and probably will end up nullifying everything that other countries try to do to bring about some type of beneficial change. Damned shame if you ask me.

Cozybaby:

Yes. I am. I am currently debt free and if a collapse were to occur it would offset not only domestic markets but even those thriving mega-markets of these third world countries. The economic balance would shift putting those markets out of control thus creating a vaccuum for all industrious nations. The only economies that would be left unharmed would be those which are fueled by warfare, and those that haven't yet been invited to the party.

Secretsquirrel:

This nation is not above using warfare to get this nation out of a bad spot. Our record is there for all to see. Lend Lease Program. World wide rubber supplies and Viet-Nam. The recession of 2000, 2001 and the war on terror. In that case, we might fare better than others, but we must figure out how to get Americans to suffer without anarchy. That will surely be one hell of a hat trick.

Core 2 Duo:

I am more ready than anyone, and in reality there is some truth to what you say but think of this, our money is not backed by gold, so if we borrow 100 million dollars in 1957 from a country and in 50 years (2007) they demand payment of their 100 million dollars, since our money is not backed by gold or silver, depreciation of the dollar will take effect and the U.S. government will only have to pay an equivalent of 70 million, in current funds, so America is actually stealing money from other countries by paying its debt to them in paper money. check this out for conversions from a year to another year to see what the value of a dollar is (yes bonds work the exact same way so they will steal your money to)
http://www.investmenttools.com/what_s_a_dollar_worth.htm
http://woodrow.mpls.frb.fed.us/Research/data/us/calc/

Secretsquirrel:

Yes, but the rich will have their money already transferred to another currency that is not going to be devalued. Meanwhile, our currency will be worth much less and our buying power on the world's markets will fall drastically and there will be horrendous shortages here. Since it has been more than 70 years since the US citizens have had to deal with such hardship, and since the average American is spoiled and absorbed with the ideology of 'me first', I believe we will se anarchy that has, up until now, never struck this country since its inception. I am keeping my gun, but I am willing to bet that there will be a very concerted effort to get guns out of the hands of the general population before long. The politicians know who is going to get the blame even if it is not their fault. It could turn out to be that being an elected politician in this country when the s**t hits the fan would not be a very good position to be in. Not safe at all. Get my drift?

Core 2 Duo:

I know exactly what you mean and agree I was just throwing that in to add to your statement, and show that people trust in the government but the government routinely screws people over, including its own people.

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