Hard to say. Could be anything from a Road Warrior scenario to folks
banding together to help each other out like they did with Hurricane
Sandy. Most Americans are being pushed into austerity anyway. The gap
between the richest and poorest is growing wider. History says that the
general population will not put up with oppression. Some folks will say
that "ordinary Americans" will be too apathetic to revolt. I think if
you took away their sports TV they would get rowdy though.
The bank bailout of 2008 only put a band-aid on the problem and delayed
the inevitable.
On 04/12/2014 02:43 PM, nablusoss1008 wrote:
"Collapse of the US economy. "
How certain is that, within what timeframe and how will it effect
ordinary Americans ?
---In [email protected], <noozguru@...> wrote :
Collapse of the US economy. This has been discussed for some time.
Remember that the US attacked Iraq because Saddam threatened to change
from the US dollar to something else (WMDs were just a lame excuse).
The banksters have gamed our economic system and there is no
solution. Why we fear they will try next and some political pundits
think is WWIII to reset everything. Yup, that might REALLY reset
everything including all life on earth. It is said they want it soon
before Russia and China catch up with the US militarily.
Interesting article and book review by Paul Krugman about the economic
situation:
http://www.nybooks.com/articles/archives/2014/may/08/thomas-piketty-new-gilded-age/
On 04/12/2014 01:15 PM, nablusoss1008 wrote:
Certain posters here claim they are in the know of economics. Could
any of these pundits explain what this would mean for the American
way of life ?
/Russia has just dropped another bombshell, announcing not only the
de-coupling of its trade from the dollar, but also that its
hydrocarbon trade will in the future be carried out in rubles and
local currencies of its trading partners - no longer in dollars -
//see Voice of Russia/
<http://voiceofrussia.com/2014_04_04/Russia-prepares-to-attack-the-petrodollar-2335/>
http://www.sott.net/article/277104-Russia-and-China-announce-decoupling-trade-from-Dollar-The-End-for-the-USA-is-nigh%E2%80%8F
