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<p>[QUOTE="Pepperoni, post: 1238018, member: 5520"]The debt and Budget items will hold down world markets for years I believe. It is not just America ,But western and Eastern Europe who no one really thinks about except Russia. Banks have loaned Greece a lot of money ( Twice ) and several other PIIGS .Like Iceland they just might not pay , who knows ? So we have no real currency to go for other than ?</p><p>I do not see gold , silver, or food commodities going down. They might fluctuate, but on the whole where do you get a store of money ? </p><p>China and India have money to buy large amounts of gold ( 3 Trillion in surpluses). They also have a lot of banks that have made loans to enrich the "Party Favorites ".They both need a lot of food. We have run ethanol up to over 40% of our corn production. </p><p>Yea I would think we are in a bit of trouble , but others are also not wanting people on the streets venting their spleens about food and random purging of populations.</p><p><br /></p><p>Pep[/QUOTE]</p><p><br /></p>
[QUOTE="Pepperoni, post: 1238018, member: 5520"]The debt and Budget items will hold down world markets for years I believe. It is not just America ,But western and Eastern Europe who no one really thinks about except Russia. Banks have loaned Greece a lot of money ( Twice ) and several other PIIGS .Like Iceland they just might not pay , who knows ? So we have no real currency to go for other than ? I do not see gold , silver, or food commodities going down. They might fluctuate, but on the whole where do you get a store of money ? China and India have money to buy large amounts of gold ( 3 Trillion in surpluses). They also have a lot of banks that have made loans to enrich the "Party Favorites ".They both need a lot of food. We have run ethanol up to over 40% of our corn production. Yea I would think we are in a bit of trouble , but others are also not wanting people on the streets venting their spleens about food and random purging of populations. Pep[/QUOTE]
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