Message:

<p>[QUOTE=&quot;Danjohnson, post: 2468172, member: 80228&quot;]The debt doesn&#039;t have to be paid off, in fact, it can&#039;t be. Our money has evolved over the past century into pure debt/credit... Our money is debt. If it were to all be paid off, we would have no money. Here&#039;s a great and I think accurate quote: </p><p><br /></p><p>&quot;There is no means of avoiding a final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as a result of a voluntary abandonment of further credit expansion or later as a final and total catastrophe of the currency system involved.&quot; <b>- Ludwig von Mises</b></p><p><b><br /></b></p><p>The thing is no one knows when the collapse might come? Being as the dollar is the reserve currency for the rest of the world, it could go on a long time. South America, the EU, Japan, China will go first which seems to be happening but only time will tell when this credit bubble pops. Don&#039;t want to be holding paper when that happens.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in