There is NO way out but collapse. The economic model upon which government has been designed post-WWII is simply braindead. Dumb and Dumber could have done a better job. The size of government escalates and this creates a deflationary vortex through which the economy is sucked dry. There is no surviving this crisis. Politicians are desperate to cling to power so they buy tanks and guns to defend against the inevitable. Detroit and Stockton are mere microcosms compared to the almost unimaginable debt obligations held by the United States government. We’re talking about tens of trillions of dollars that will never, ever be repaid. There’s so much money that has been borrowed that future generations yet to be born are already indebted. Detroit, Chicago and other cash-strapped cities are turning into domestic tribal war zones akin to the middle east, with cops outnumbered 500-to-1. Now, with the revelation that they have no money left, people who believed in the benevolence of government and depended on them to pay for their retirements are going to be left high and dry. We will see the same across the rest of this nation, as the federal government runs into similar funding problems for the one hundred million Americans dependent on monthly disbursement checks. These checks are either going to be cut, or more likely, our money will be inflated away driving prices for essential goods like food and energy to the moon. It will end in disaster, and will lead to violent confrontations when people who thought they’d be taken care of from cradle to grave realize that no help is coming. Absolutely plan on the worst case scenario – because you can be assured the government is.
Posted on: Thu, 20 Jun 2013 05:03:04 +0000
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