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<p>[QUOTE="desertgem, post: 1139529, member: 15199"]<p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">A true consideration. However, many who post here seem to feel that the US is the only one facing this scenario ( if there is such a scenario). If I see Japan, Germany, The UK, Austria go under, then the US will probably follow, as all have about the same debit problem as the US I believe. Way before that though there are many "canaries in a coalmine" that will give us early warning. A collapse of those countries will show the US what could come about. As a disclaimer, I feel the US is doing a better job than most give credit. At least we know most of what is occurring financially, unlike China, North Korea, Pakistan, etc. where the government controls all financial information. I am sure this forum would not be allowed in any of those countries ( yes, NK doesn't have internet for the masses). Each country has +/- effects. I think a true revelation of China's financial situation would scare everyone. Not that they would be so strong, but I suspect so much weaker than is thought. JMHO.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Many people are prepared for the most disastrous of times, but prefer not to advertise what they have.</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p> <p style="text-align: left"><span style="color: #000000">Jim</span></p> <p style="text-align: left"><span style="color: #000000"><br /></span></p><p>[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 1139529, member: 15199"][LEFT][COLOR=#000000] A true consideration. However, many who post here seem to feel that the US is the only one facing this scenario ( if there is such a scenario). If I see Japan, Germany, The UK, Austria go under, then the US will probably follow, as all have about the same debit problem as the US I believe. Way before that though there are many "canaries in a coalmine" that will give us early warning. A collapse of those countries will show the US what could come about. As a disclaimer, I feel the US is doing a better job than most give credit. At least we know most of what is occurring financially, unlike China, North Korea, Pakistan, etc. where the government controls all financial information. I am sure this forum would not be allowed in any of those countries ( yes, NK doesn't have internet for the masses). Each country has +/- effects. I think a true revelation of China's financial situation would scare everyone. Not that they would be so strong, but I suspect so much weaker than is thought. JMHO. Many people are prepared for the most disastrous of times, but prefer not to advertise what they have. Jim [/COLOR][/LEFT][/QUOTE]
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