judgement day wrote:
I'm not trying to scare or create controversy people, but the facts speak for themselves...and these uprisings in the mideast may be the trigger. The U.S. is in unconquerable debt, gas prices are soaring, and stocks are falling. There is too much debt to ever be paid off, but the government will insist on printing more money, which will only drive the value of the U.S dollar down--to the point where countries will no longer accept it as payment, thus the dollar will lose its place as world reserve currency. This will cause everything to crash down. Get ready folks.
read a history of wall street - this is nothing. Back before there was a federal reserve, banks were manipulating the money supply, europeans were propping up the country by buying our bonds, (and now and then pulling the rug out from under us), the gold standard was literally killing farmers, the middle of the country loathed the East Coast even more than now, and we had receessions every five years.
Now? 2% inflation, low interest rates, little hunger, crime at all time lows, a responsible government, the entire planet is scrambling to buy our bonds, tyrants falling all over the mid east - sounds pretty good to me.