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<p>[QUOTE=&quot;doug444, post: 1655701, member: 38849&quot;]I don&#039;t necessarily think the U.S. is doomed, but our standard of living will decline in ways today&#039;s 20-something&#039;s never dreamed of, if they dreamed at all.&nbsp; We have a resilient resourceful people, and the world&#039;s best agricultural, technical and medical expertise.&nbsp; And plenty of cropland to keep us fed, if the Government will stop meddling.&nbsp; Nevertheless, the poor will demand (and get) plenty of benefits, without interruption, and the rich will increase their share of wealth.&nbsp; Both factors leave the middle class struggling.</p><p><br /></p><p>I wish I could say the beans are under my bed, but there&#039;s nothing there but dust bunnies.&nbsp; The biggest losers will be today&#039;s children.&nbsp; Since World War II, children in traditional families have generally gotten a boost in life from their inheritances at the very time they needed it most -- buying homes, paying off college loans, and chasing the good life.&nbsp;&nbsp; In the worst case, inheriting a portfolio of rapidly-inflating cash, plus stocks, IRA&#039;s, and other dollar-denominated &quot;assets,&quot; that boost may no longer materialize, and in turn, that happening at the very worst of times, a period of uncertainty, despair, and rampant inflation.</p><p><br /></p><p>I think most everyone reading CT underestimates the greed, rapacity, and contempt the wealthiest 5% of this country revel in, and what that means for the rest of us when times get really hard.[/QUOTE]</p><p><br /></p>

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