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<p>[QUOTE="Zeplyn, post: 1090665, member: 28776"]Rono</p><p> </p><p>I am reading much different reports than what you are. One's like Greenspan suggesting that we return to the gold standard and The President of China saying the days of the dollar are over. Our own Sec of Treasury is forecasting disater and the National debt is spiraling out of control. Fix it you say? Well that my friend is just not a possibility. You see even with 100% taxation we simply could not repay the current debt. The USA is in what I think is her darkest hour. Just as Rome tried to police the world, she died.</p><p>For me I see it all a little differently. In as little as 3 to 5 yrs we will see the onset on hyper-inflation as predicted by many well known economist's. I see staggering cost's for fuel, medical supplies and food. I see depression like unemployment that will rival the Great Depression. I see turmoil in the streets of the USA as social unrest develops. I see having to go to extreme measures to protect your way of life and what assests you get away with.</p><p> </p><p>I also agree a small plot of land would be essential to grow one's own food. Groups of neighbors forming small social bands and protection groups. I also see China taking over American assets as our dollar is replaced by their curreny as the new World Reserve Currency. As of late you can now open a Chinese Bank Account in NY City as a way of buying and holding their currency. And the largest thing I see is denial by our American population as we can hardly ever think it will happen to us. This by far is the greatest threat, denial.</p><p>While I hope it does not unfold this way, I choose to prepare now for what I think will come, to preserve what I can and protect my family.</p><p> </p><p>I do hope you are correct and none of these bad things occur. But I will not hold my breath on that one. The chances and reality of our fiscal crisis is too real to turn the other cheek.[/QUOTE]</p><p><br /></p>
[QUOTE="Zeplyn, post: 1090665, member: 28776"]Rono I am reading much different reports than what you are. One's like Greenspan suggesting that we return to the gold standard and The President of China saying the days of the dollar are over. Our own Sec of Treasury is forecasting disater and the National debt is spiraling out of control. Fix it you say? Well that my friend is just not a possibility. You see even with 100% taxation we simply could not repay the current debt. The USA is in what I think is her darkest hour. Just as Rome tried to police the world, she died. For me I see it all a little differently. In as little as 3 to 5 yrs we will see the onset on hyper-inflation as predicted by many well known economist's. I see staggering cost's for fuel, medical supplies and food. I see depression like unemployment that will rival the Great Depression. I see turmoil in the streets of the USA as social unrest develops. I see having to go to extreme measures to protect your way of life and what assests you get away with. I also agree a small plot of land would be essential to grow one's own food. Groups of neighbors forming small social bands and protection groups. I also see China taking over American assets as our dollar is replaced by their curreny as the new World Reserve Currency. As of late you can now open a Chinese Bank Account in NY City as a way of buying and holding their currency. And the largest thing I see is denial by our American population as we can hardly ever think it will happen to us. This by far is the greatest threat, denial. While I hope it does not unfold this way, I choose to prepare now for what I think will come, to preserve what I can and protect my family. I do hope you are correct and none of these bad things occur. But I will not hold my breath on that one. The chances and reality of our fiscal crisis is too real to turn the other cheek.[/QUOTE]
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