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<p>[QUOTE=&quot;doug444, post: 1588780, member: 38849&quot;]&quot;...these doomsday scenarios have been &quot;just around the corner&quot; forever...&quot;</p><p><br /></p><p>You don&#039;t get it, do you?&nbsp; There has NEVER been a financial crisis like today&#039;s.&nbsp; It was well-recognized in the 1980s that Medicare and Social Security payouts were unsustainable, and there were some half-hearted efforts to fix them.&nbsp; And yes, a few doomsday warnings then.&nbsp; And ever since.&nbsp; </p><p><br /></p><p>But the present situation will most likely end badly, with the middle class wiped out by hyperinflation; they&#039;ve already lost, on average, <u>a third</u> of their net worth from the housing and stock market bubbles, with retirees suffering an additional hit to their incomes from extremely low interest rates earned by their savings (lowest since the Depression) and low COLAs on their Social Security due to phony inflation numbers.</p><p><br /></p><p>You and I can do nothing to change all this.&nbsp; The best step I personally can take - try to preserve the purchasing power of my declining dollars with PM.</p><p><br /></p><p>If I only break even over the next five years, in terms of purchasing power, I&#039;ll be happy.&nbsp; And I&#039;ll be way ahead of the average <b>clueless</b> family of the middle class; in fact, my taxes will be supporting them.&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; </p><p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>

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